Lawsuits, housing and AI: What to watch as NAR’s ‘midyear’ unfolds

The Realtors Legislative Meetings will run May 6-11 and some sessions will be live-streamed for National Association of Realtor members. Here’s everything to look for as the conference starts. Continue reading

FTC goes to court to stop ICE’s $11.7B Black Knight acquisition

Federal antitrust regulators are seeking a preliminary injunction to stop Intercontinental Exchange’s planned $11.7 billion acquisition of mortgage tech provider Black Knight from closing on April 28 — before an administrative hearing to determine its … Continue reading

‘Stop arguing and start adjusting’: Agents react to class-action ruling

From “NAR is toast” to “don’t make any rash decisions,” real estate agents, executives and thought-leaders offered their thoughts on the explosive Moehrl class certification ruling Wednesday. Continue reading

Fidelity to pay $3.5M in crackdown on ‘no-poach’ agreements

Five title insurance companies have paid $8.25 million in the last 18 months to settle antitrust allegations leveled by New York Attorney General Letitia James. Continue reading

DOJ appeals NAR win in probe of commission, pocket listing rules

The antitrust enforcer wants a higher court to overturn a ruling that limits its investigation into the Realtor trade group’s Participation Rule and Clear Cooperation Policy. Continue reading

DOJ: Tossing pocket listing suit prevents competition with MLSs

In an amicus brief filed Monday the antitrust enforcer argues that a lower court incorrectly tossed a case filed by Top Agent Network over the National Association of Realtors’ pocket listing policy. Continue reading

Antitrust regulators move to block ICE’s $11.7B Black Knight acquisition

The Federal Trade Commission alleges the deal would put an end to intense competition between the companies and drive up costs for lenders and homebuyers. Continue reading

Black Knight ready to sell Empower to address antitrust concerns

A Deal with Constellation Software Inc. hinges on ICE closing the deal to acquire Black Knight, now valued at $11.7 billion. ICE says it’s prepared to fight FTC in court. Continue reading

FTC prepares to challenge ICE’s $13B Black Knight deal: Report

The Federal Trade Commission is not convinced that Black Knight’s plans to spin off its Empower loan origination system allays antitrust concerns, “Politico” reports. Continue reading

Nearly two-thirds of brokerage sites aren’t displaying commissions

Consumer Federation of America: Despite an NAR rule change, only Redfin displays buyer-agent compensation in virtually all of the major cities examined. Continue reading