Tag Archives: Department of Justice

The Inman Handbook on real estate’s biggest rivalries

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Compass versus Realogy. Keller Williams versus eXp. REX versus everyone. The real estate industry is full of big names and big feuds, and Inman’s unpacking all of them. Continue reading →

NAR-DOJ rule changes won’t come for months

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Rules regarding public display of buyer broker commissions and lockbox access for non-Realtors were originally slated to take effect by the end of March. Continue reading →

Mortgage broker fined $120K for revealing credit histories on Yelp

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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 →

Agent cutting, like TV cord cutting, is hitting industry hard

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Real estate is experiencing its version of cord-cutting, as more consumers go directly to the listing agent to buy a home. Continue reading →

DOJ files statement of interest in larger buyer broker lawsuit

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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 →

DOJ filing indicates wider probe into buyer’s broker commissions

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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 →

Investors sue Realogy, allege fraud over agent commissions

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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 →

Bombshell suit against real estate firms could get even bigger

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Three additional plaintiffs have been added to a lawsuit involving the sharing of commissions between listing and buyer brokers. Continue reading →

Bombshell lawsuit takes a new turn

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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 →

READ: Justice Department’s letter to CoreLogic demanding MLS info

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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 →