Tag Archives: consumer federation of america

From hate speech to antitrust: The year in MLSs and associations

By | | Uncategorized
Comments Off on From hate speech to antitrust: The year in MLSs and associations

2021 came with Realtor misbehavior, rising legal and regulatory scrutiny and MLSs becoming tech investors after Zillow’s acquisition of ShowingTime. Continue reading →

Court tosses REX antitrust suit against Oregon anti-rebate law

By | | Uncategorized
Comments Off on Court tosses REX antitrust suit against Oregon anti-rebate law

Judge said discount brokerage had made ‘compelling arguments’ that law hurts consumers and artificially inflates home prices, but that states are immune from federal antitrust laws. Continue reading →

‘Highly uniform’ commissions designed to thwart competition: study

By | | Uncategorized
Comments Off on ‘Highly uniform’ commissions designed to thwart competition: study

The Consumer Federation of America pushes for an end to the sharing of commissions between listing and buyer brokers to spur price competition. Continue reading →

Consumer watchdog: The real estate industry regulates itself

By | | Uncategorized
Comments Off on Consumer watchdog: The real estate industry regulates itself

A report from the Consumer Federation of America found that the vast majority of seats on state real estate commissions are held by industry members, and not one is held by a consumer or housing advocate. Continue reading →

New Fannie Mae rule may help renters qualify for a mortgage

By | | Uncategorized
Comments Off on New Fannie Mae rule may help renters qualify for a mortgage

Would-be homebuyers with thin credit files will have a better chance of getting approved for a mortgage if they’ve been paying their rent consistently, thanks to changes to Fannie Mae’s automated underwriting system taking effect next month. Continue reading →

NAR ‘cut a deal’ with Trump DOJ to undermine commission suits: CFA

By | | Uncategorized
Comments Off on NAR ‘cut a deal’ with Trump DOJ to undermine commission suits: CFA

The National Association of Realtors countered that the Consumer Federation of America’s assertions are “wrong and misleading” and “commissions are very much negotiable.” Continue reading →

With new FTC chair, expect greater scrutiny on the real estate industry

By | | Uncategorized
Comments Off on With new FTC chair, expect greater scrutiny on the real estate industry

Lina Khan’s appointment at the Federal Trade Commission last week appears to indicate the Biden administration plans to take an aggressive approach to antitrust regulation. Continue reading →

‘Double-dipping agents’ overcharge consumers billions in commissions

By | | Uncategorized
Comments Off on ‘Double-dipping agents’ overcharge consumers billions in commissions

Consumer watchdog says dual agency should be banned, but double-ending should not be so long as agents discount their commission and act as facilitators. Continue reading →

5 big challenges for REX Real Estate in 2021

By | | Uncategorized
Comments Off on 5 big challenges for REX Real Estate in 2021

The well-connected discount brokerage is trying to raise more funding and grow its business as it takes on industry behemoths NAR and Zillow. Continue reading →

Consumer groups support REX suit against anti-rebate law

By | | Uncategorized
Comments Off on Consumer groups support REX suit against anti-rebate law

The Consumer Federation of America and the Oregon State Public Interest Research Group argue that prohibiting rebates to buyers and sellers stifles commission competition and harms consumers. Continue reading →