Category Archives: Member News

CoreLogic Chief Legal Council Resigns

Last week  VaCAP shared the  DOJ was investigating CoreLogic. Today we learned the Chief Legal Officer for CoreLogic, Arnold Pinkston has resigned. Coincidence or getting out ahead of what is coming?  Time will tell.  Mr. Pinkston has been  Chief Legal Officer since  January 2018.  See the story here. Corelogic’s chief counsel is leaving the company… Read More »

Fannie and Freddie are Smug Bugs in a Rug….

“All because inwardly focused and entitled Fan and Fred are smug bugs in a rug.” That is a quote from the article by Jeff Lazerson in The Orange County Register on May 23, 2019.  The article is about Fannie and Freddie maintaining property valuation data and how it is harming consumers. The article touches on… Read More »

Explosive News: DOJ Goes after CoreLogic!

The Department of Justice has sent a Civil Information Demand  (CID) notice to CoreLogic. The CID  requires CoreLogic turn over documents and answer questions.   The article by Rob Hahn explains that the case revolves around not only the search features of the MLS systems, but the contracts and agreements on the use of MLS data… Read More »

From the Heart

All, VaCAP has received a message from the family of Ken Harney, Real Estate Syndicated Columnist:   “Dear Friends, It is with great sadness that I write to you to tell you that Ken’s disease has progressed to Acute Myeloid Leukemia (AML) and that as of today, we are in the care of hospice at… Read More »

VaCAP Live Saturday Morning

Join VaCAP President Pat Turner Live on The Home Show with Richard McKann!  Discussion will revolve around protecting the consumer . Tune in and  listen on WRVA 1140 AM at 7:30 AM Saturday May 4th  https://newsradiowrva.radio.com/hosts/home-show-richard-mckann To call in with a question, 804-345-1140.   Thanks for Supporting VaCAP!      

No Payment to Appraisers

Last week VaCAP shared information on Clarocity Corporation and how the main investor StableView Assets was seizing the shares and foreclosing on the working assets, which includes Clarocity Valuation Services.  StableView in turn had an agreement to sell Clarocity Valuation Services to I Look About. We warned to proceed with caution or do not proceed… Read More »

AMC being sued for Bifurcation

AMC being sued for Bifurcation! VaCAP was forwarded an article this afternoon by one of our members.  The article from Foreclosurepedia is dated August 15, 2018 and concerns a class action law suit filed by property inspectors. ServiceLink Field Services, a division of ServiceLink is being sued for misclassifying employees. From the complaint filed in… Read More »

Judge Orders Quicken and DOJ/ HUD to Mediation

Going on  over three years now, the  law suit between the Department of Justice and HUD against Quicken Loans was ordered to mediation to settle prior to the upcoming trial start date. The allegation that is the center of the lawsuit,  concerns  loans Quicken submitted to FHA that  did not comply with HUD/ FHA requirements.… Read More »