Social issues, not industry chaos, will guide agents at the ballot box

Commission chaos has disrupted real estate’s status quo in unique ways in 2024, but social issues have been the reason for more political donations from agents, according to an analysis by Inman. Continue reading

Rocket Mortgage, Solidifi among defendants in appraisal bias suit

Prosecutors allege appraisal that erased $220,000 from Denver duplex’s value discriminated against Black owner and thwarted her attempt to refinance at lower rates. Continue reading

Fairway blasts federal regulators in $10M redlining settlement

Nation’s third biggest lender casts itself as a victim of politics, noting CFPB launched its investigation the day after Biden Administration took office. Continue reading

DOJ’s 14th redlining settlement is its first with a credit union

Citadel Federal Credit Union “respectfully disagrees” with allegations, agrees to invest $6.5 million and open three new branches in predominantly Black and Hispanic neighborhoods in Philadelphia. Continue reading

NAR asks Supreme Court to weigh in on DOJ fight

The trade group’s petition leans heavily on the government’s promise to close investigations into the Clear Cooperation Policy and the Participation Rule. Continue reading

Will agents actually call you back?

What happens if the listing agent won’t return your phone calls? Compliance expert Summer Goralik has the answers you need. Don’t let another agent’s unresponsiveness stand in your way. Continue reading

Top Agent Network amends suit to focus on NAR as ‘real wrongdoer’

TAN CEO: “NAR is the architect and promoter of the disastrous Clear Cooperation Policy and is the only party with the power to rescind it” Continue reading

Why are some agents still flirting with cooperative compensation?

Compliance expert Summer Goralik tackles why the commission-splitting debate remains unresolved and whether listing agreements should still include buyer agent compensation fields. Continue reading

OceanFirst Bank settles DOJ redlining allegations for $15M

Since launching an initiative to combat redlining in 2021, federal prosecutors have reached settlements with 13 mortgage lenders totaling more than $137 million. Continue reading

How can I really be sure sellers will pay the buyer’s agent (me)?

The new commission rules are confusing. Compliance expert Summer Goralik unpacks whether it’s possible to confirm if a seller is willing to compensate buyer’s agents. Continue reading