The FTC says Mount Diablo Lending and its owner responded to negative reviews by posting consumer’s credit history, debt-to-income ratio and other personal information. Continue reading
Real estate is experiencing its version of cord-cutting, as more consumers go directly to the listing agent to buy a home. Continue reading
The U.S. Department of Justice filed a statement of interest Monday in the Moehrl class action buyer broker commission lawsuit. The statement mirrors one filed last week in the class-action lawsuit filed by Joshua Sitzer and other plaintiffs, and indic… Continue reading
In a new filing Monday, DOJ claims the National Association of Realtors is ‘inaccurately portraying’ a 2008 consent decree in its defense in buy-side commission lawsuit. Continue reading
The Rosen Law Firm, which a month ago threatened a class action lawsuit, pulled the trigger Thursday, filing a federal suit in the US District Court of New Jersey. Continue reading
Three additional plaintiffs have been added to a lawsuit involving the sharing of commissions between listing and buyer brokers. Continue reading
The bombshell lawsuit that could upend the U.S. real estate industry has been amended, adding more plaintiffs and defendants and emphasizing the role commissions play in steering buyers and raising costs for sellers. Continue reading
Inman has obtained a letter from the Department of Justice requesting information on multiple listing service data from CoreLogic, a California-based financial services and analytics firm. Continue reading
At Tuesday’s CMLS Brings It To The Table event, held just before the National Association of Realtors’ midyear conference, real estate leaders sounded the alarm. Continue reading
Last month, an antitrust settlement between the National Association of Realtors (NAR) and the U.S. Department of Justice (DOJ) expired. Does that mean Realtor associations can go back to engaging in practices once deemed anti-competitive? And could th… Continue reading