Agents envision potential shakeup from DOJ-NAR lawsuit
Among other things, the case could ultimately drive down commissions and weaken industry organizations, agents told Inman
by Jim Dalrymple II Nov 19
A photograph of the IRS.
Proposed settlement would require the trade group to repeal or change several rules the US Department of Justice deems anticompetitive
by Andrea V. Brambila Nov 19
Billionaire real estate tech investor behind Lone Wolf settles with DOJ
Robert Smith, CEO of Vista Equity Partners, will pay back taxes owed on offshore assets totaling $140M. Vista has a majority stake in Lone Wolf Technologies
by Andrea V. Brambila Oct 16
Staten Island broker accused of housing discrimination
Denis Donovan, a rental broker affiliated with Village Realty, is accused of engaging in housing practices that discriminate on the basis of race or color
by Patrick Kearns Oct 2
Agent sentenced to prison for role in foreclosure kickback scheme
Jeffrey Detloff is accused of steering maintenance and repair contracts to companies that provided his own firm a kickback
by Patrick Kearns Jan 23
Mortgage broker fined $120K for revealing credit histories on Yelp
The FTC says Mount Diablo Lending and its owner responded to negative reviews by posting consumer's credit history, debt-to-income ratio and other personal information
by Patrick Kearns Jan 8
CoreLogic beats consensus, posts net income of $41M in Q3
The financial services and analytics firm, which provides products and services to the real estate industry, generated $459M in revenue in Q3
by Patrick Kearns Oct 23
DOJ files statement of interest in larger buyer-broker lawsuit
The statement mirrors the one the agency filed last week in a similar lawsuit, indicating a wider probe into buyer's broker commissions
by Patrick Kearns Oct 8
DOJ filing indicates wider probe into buyer's broker commissions
In a new filing Monday, DOJ claims the National Association of Realtors is 'inaccurately portraying' a 2008 consent decree in its defense in buy-side commission lawsuit
by Patrick Kearns Oct 1
HUD moves forward with 'disparate impact' proposal
Activists argue the change would make it harder to bring housing discrimination cases under the Fair Housing Act
by Patrick Kearns Aug 19
A man examining a contract closely
The Rosen Law Firm, which a month ago threatened a class action lawsuit, pulled the trigger Thursday, filing a federal suit in the US District Court of New Jersey
by Andrea V. Brambila Jul 12
Bombshell suit against real estate firms could get even bigger
Three more plaintiffs added to lawsuit involving the sharing of commissions between listing and buyer brokers
by Andrea V. Brambila Jun 26
NYC law firm mulls class action lawsuit against Realogy
The same firm has filed a class action lawsuit against Zillow and frequently announces it's investigating other public companies
by Patrick Kearns Jun 25
Bombshell lawsuit takes a new turn
The major class-action lawsuit against NAR, Realogy, KW, RE/MAX, HomeServices of America and more has been amended to include new plaintiffs and new, more detailed accusations
by Andrea V. Brambila Jun 17
Quicken Loans agrees to pay HUD $32.5M
A multiyear legal battle reaches its conclusion, with the lending giant admitting no wrongdoing but making FHA whole on 0.2% of loan moneys
by Patrick Kearns Jun 14