A $475 Compass fee could put brokerage transaction charges in the legal crosshairs

Last month, Florida homebuyers Jeff and Melissa Efron filed a lawsuit challenging a $475 transaction fee they were charged by their broker Compass upon the close of their August 2024 home purchase.  While it may seem surprising that consumers are willing to risk tens of thousands of dollars in legal fees over a fee totaling […]

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Better Mortgage agrees to settlement in underwriter wage case

Better will pay millions of dollars to hundreds of current and former underwriters to settle a lawsuit over unpaid wages.  Processing Content Attorneys for aggrieved employees filed a motion for preliminary approval of the settlement last week, a deal which will cover 211 opt-in plaintiffs. The lender will issue a total of $7.1 million, although

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