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
Justice Department statue and Capitol building
The MLS tech vendor's chief legal counsel Arnold Pinkston has taken a new job in the healthcare manufacturing industry, where he previously worked
by Jim Dalrymple II May 30
Is US government investigating MLSs and vendors for antitrust?
The Department of Justice is reportedly demanding CoreLogic and other MLS vendors hand over information related to buyer broker commissions
by Patrick Kearns May 21
Why real estate is in jeopardy
'It's sort of a free-for-all,' one speaker said at Tuesday's Council of Multiple Listing Services event in Washington, DC. 'We have people coming in and looting in the industry.'
by Andrea V. Brambila May 15
Bankrate successor to pay $28M in fines for fraud scheme
Two former executives of the financial services company have been sentenced to jail time for their roles in the scheme
by Patrick Kearns Mar 7
PHH to pay $750k over military service member foreclosures
The settlement ends a federal lawsuit accusing the mortgage company of illegally foreclosing on 6 homes
by Patrick Kearns Feb 7
Real estate's competition decree has expired. What's next?
The 10-year-old settlement between the Justice Department and the National Association of Realtors is no more. Are online listings at risk?
Zillow bashes Upstream and CAR in public regulator comments
The real estate giant balked at Upstream's 'unreasonable restrictions' on listing data and CAR's 'refusal to negotiate'