Eastern Union settles suit with brokers who bolted over commissions

Eastern Union Funding settled its lawsuit with a group of brokers who bolted the firm two weeks ago over its new commission policy. The mortgage brokerage also said it’s on a hiring spree to expand the new model. On Monday, attorneys for the company withdrew the petition they filed in court last week, accusing the eight brokers of breaching their employment agreements by starting their own competing firm and taking with them trade secrets. The

source https://therealdeal.com/2020/05/27/eastern-union-settles-suit-with-brokers-who-bolted-over-commissions/