The homeseller plaintiffs agreed to a two-month extension of deadlines related to a proposed deal with MLS PIN after the federal agency asked for time to assess the deal’s “competitive impact.” Continue reading
The antitrust enforcer suggests the rule changes in the proposed deal don’t go far enough. Plaintiffs’ attorneys say the agency has failed to articulate its specific concerns. Continue reading
Washington Trust “vehemently” denies the allegations but joins a long list of lenders who have coughed up $98 million in settlements since the DoJ launched an anti-redlining initiative in 2021. Continue reading
The National Association of Realtors filed four requests in the US District Court in Western Missouri on Thursday involving commission rule changes, government investigations and discrimination. Continue reading
In a Friday brief, the Department of Justice argued the National Association of Realtors’ pocket listing and commission rules need “to be assessed on their merits” on whether they cost American homebuyers billions of dollars a year. Continue reading
At Inman CEO Connect, Russ Cofano, James Dwiggins and Greg Robertson debated the changes that agents and brokers may see as a result of homeseller lawsuits and government interference. Continue reading
At Inman Connect Las Vegas, real estate broker and attorney Kendall Bonner urged the industry to be proactive instead of waiting to be legally “bullied” into change. Continue reading
In a “friend of the court” brief, the Chamber said the government should have to keep its promise to not investigate the National Association of Realtors’ commission and pocket listing policies. Continue reading
In a new brief, NAR claims the DOJ’s argument for resuming its probe would “destabilize the law.” The agency has sought to overturn an earlier ruling that quashed a request for more information. Continue reading
Department of Justice officials claimed last week the bans on some foreign citizens buying property in Florida violate the Fair Housing Act and the U.S. Constitution. Continue reading