In a significant development for HomeServices of America, a major player in the real estate industry, Judge Stephen R. Bough has granted preliminary approval to a settlement agreement in the ongoing home seller commission lawsuits. This marks a crucial step forward for the brokerage firm as it seeks to resolve the legal disputes surrounding the Sitzer/Burnett and Gibson/Umpa commission cases.

Key points:
– HomeServices of America has been embroiled in lawsuits related to home seller commission disputes
– Judge Stephen R. Bough, overseeing the cases, has granted preliminary approval to a settlement agreement
– This development signals progress in resolving the legal issues that have been impacting the brokerage firm
– Moving forward, HomeServices of America is one step closer to putting these lawsuits behind them and focusing on their core business objectives in the real estate market.

You can read this full article at: https://www.housingwire.com/articles/court-grants-preliminary-approval-to-homeservices-commission-lawsuit-settlement/(subscription required)

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.