Invitation Homes to pay $48M to settle tenant ‘junk fee’ claims

The FTC alleges the company advertised monthly rental rates that did not include mandatory “hidden” fees that could add up to more than $1,700 per year. Continue reading

Nexthome CEO: Make buyers’ agent agreements a priority

James Dwiggins argued at Inman Connect New York that commission lawsuits and pressure from the feds is going to bring about change in the real estate industry. Continue reading

Real estate coaches who preyed on Spanish speakers banned by FTC

The Federal Trade Commission has ordered Ganadores Real Estate to refund consumers after making false real estate coaching and mentoring promises. The group charged $28,000 per student and promised six-figure returns. Continue reading

Antitrust regulators sign off on ICE’s deal to acquire Black Knight

In addition to selling Empower and Optimal Blue, the FTC consent order would require ICE and Black Knight to seek prior approval before acquiring an interest in another loan origination system. Continue reading

The commission suits are headed to court. What happens after that?

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

ICE’s Black Knight acquisition nears resolution of antitrust issues

“Significant progress” in Federal Trade Commission negotiations have been reported since Black Knight’s Empower loan origination system and Optimal Blue division were cut from the deal. 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

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

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