A marketing agreement in which payments by a title company to a Maryland-based Long & Foster team allegedly varied — evidence that the compensation violated RESPA because it was based on the number of clients the brokerage referred to the title company, rather than marketing services — is the subject of a proposed class action lawsuit seeking more than $11 million. Lawyers for a couple who purchased a home in 2008 are seeking to represent thousands of homebuyers who were represented by the Creig Northrop Team of Long & Foster Real Estate Inc. and used Lakeview Title Co. Inc. going back to the year 2000. The defendants deny the allegations and will move to have the dismissed. Source: baltimoresun.com.
Brand Story by Ryne Knudson