Redfin cofounder threatens lawsuit ahead of IPO launch on Friday



The self-styled ‘next-generation’ real estate broker Redfin could be sued by its former CEO and cofounder in relation to one of its pending patent applications

Wells Fargo wins discrimination lawsuits in L.A. & Chicago



Wells Fargo & Co, the largest U.S. mortgage lender, on Friday won the dismissal of two major lawsuits accusing the banking giant of predatory lending practices.

Virginia Builder Sues Customer Over Negative Yelp Review



Review sites like Yelp are enormously helpful for consumers when they’re looking to see if a business is indeed legit, and such sites can be beneficial for the businesses themselves if they build up a history of feedback from satisfied customers.

Kamala Harris Files Lawsuit Against Fannie and Freddie



Mortgage giants Fannie Mae and Freddie Mac have received an unwelcome Christmas present from California’s attorney general Kamala Harris – a lawsuit filing. The attorney general is demanding Fannie and Freddie respond to a total of fifty-one questions regarding foreclosures and other practices they have made in the state. According to a report from the […]

Muhammad Ali Sues Previous Owners Of His Home



Ex-World Heavyweight boxing champion Muhammad Ali, AKA “The Greatest”, is not at all pleased with his new Louisville, Kentucky, retirement home, and he is holding the former owner responsible for not disclosing a number of problems. Ali (probably the last person you’d want to be pissed at you), and his wife Lonnie Ali, are suing […]

Inland Empire Homeowners Sue Builders For Property Value Decline



A group of homeowners in California have revived a lawsuit in the federal courts, alleging that the value of their homes has dropped as a result of negligent actions by eight homebuilding companies. According to a report from Reuters, the homeowners, who live in California’s Inland Empire region, say that they purchased their newly-built homes […]

Rihanna Files Lawsuit Against Real Estate Company



Pop star and sex symbol Rihanna has launched a lawsuit against the real estate company which sold her Beverly Hills mansion to her, claiming the property has been left uninhabitable due to a number of serious structural defects. Rihanna accuses the agency, Prudential California Realty, of not disclosing the property’s defects before she agreed to […]

Federal Housing Finance Agency To Sue Big Banks Over Toxic Mortgages



The New York Times is reporting that the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, is planning to sue more than a dozen big banks for misrepresenting the quality of mortgages that were sold at the height of the housing boom. The suit alleges that the banks who packaged and sold […]

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