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'
Questions inquisitive man with computer
Real estate trade group condemns tech giant for the same practices its member agents and brokers engage in
Washington, D.C. Capitol Building
The final date to submit comments on the industry's competitiveness to the US Department of Justice and Federal Trade Commission is Tuesday
by Andrea V. Brambila Jul 30
How should real estate make its data more open?
Daniel Castro of the Information Technology & Innovation Foundation and Scott Petronis of eXp Realty hashed out what open data means in real estate last week at ICSF
by Andrea V. Brambila Jul 27
washington dc
MLSs also request FTC and DOJ not use them to publicize commission rates
by Andrea V. Brambila Jun 18
Real estate competition workshop
Panels covered listing data tech, brokerage business models and government regulations
by Andrea V. Brambila Jun 13
Redfin CEO tangles with Zillow and realtor.com at D.C. competition workshop
Other topics from the morning panel included iBuyers and how portals are changing the industry
by Patrick Kearns Jun 5
Washington Monument, Washington DC
The FTC and DOJ are convening bigwigs from Zillow, Redfin and more to evaluate the state of listings and competition. The findings could shape the industry's future
by Patrick Kearns Jun 4