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HEI platform Hometaps pushes arbitration to fight wave of lawsuits

Hometap and peer shared-appreciation agreement platforms are looking toward legal arbitration that would allow them to privately resolve a series of recently filed lawsuits this summer.  Processing Content The Boston-based home equity investment provider asked a federal judge to compel arbitration on Friday in one of three class action complaints filed against it this year. […]

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NEXA acquires UMortgage, brings on Casa as executive partner

NEXA Lending is acquiring UMortgage, marking a consolidation of two of the most recognized mortgage brokerages in the United States. Processing Content As part of the deal, all of UMortgage’s roughly 275 employees will remain with the company, including its 246 loan officers and CEO Anthony Casa, who previously had public rifts with NEXA CEO

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Will the Redfin-Zillow settlement help Rocket market to buyers?

Just as the trial was set to start, Zillow and Redfin settled anticompetitive claims over a rental advertising deal raised by the Federal Trade Commission and five state attorneys general. Processing Content The agreement could lead to a Redfin that funnels more home purchase clients into its parent company, Rocket. This case started when Zillow

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