Tag Archives: Department of Justice

4 ways to improve real estate as bombshell commission suits sizzle

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At Inman Connect Las Vegas, real estate broker and attorney Kendall Bonner urged the industry to be proactive instead of waiting to be legally “bullied” into change. Continue reading →

Chamber of Commerce goes to bat for NAR in face of ‘unfair’ DOJ probe

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In a “friend of the court” brief, the Chamber said the government should have to keep its promise to not investigate the National Association of Realtors’ commission and pocket listing policies. Continue reading →

‘Alarming’: NAR slams DOJ effort to resume commission investigation

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In a new brief, NAR claims the DOJ’s argument for resuming its probe would “destabilize the law.” The agency has sought to overturn an earlier ruling that quashed a request for more information. Continue reading →

DOJ: Ron DeSantis’ foreign-buyer property ban in Florida is unlawful

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Department of Justice officials claimed last week the bans on some foreign citizens buying property in Florida violate the Fair Housing Act and the U.S. Constitution. Continue reading →

DOJ will weigh in at appeals court during NAR pocket listing dispute

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The antitrust enforcer will get 5 minutes at oral arguments in Top Agent Network’s appeal to overturn a lower court ruling tossing its case against NAR’s Clear Cooperation Policy. Continue reading →

DOJ: NAR commission and pocket listing investigation should resume

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The U.S. Department of Justice wants “to resume its consequential investigation of conduct that affects over $100 billion in broker fees paid by Americans annually,” according to an appeal. Continue reading →

DOJ appeals NAR win in probe of commission, pocket listing rules

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The antitrust enforcer wants a higher court to overturn a ruling that limits its investigation into the Realtor trade group’s Participation Rule and Clear Cooperation Policy. Continue reading →

DOJ: Tossing pocket listing suit prevents competition with MLSs

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In an amicus brief filed Monday the antitrust enforcer argues that a lower court incorrectly tossed a case filed by Top Agent Network over the National Association of Realtors’ pocket listing policy. Continue reading →

4 more US senators call for DOJ probe of RealPage over rent hikes

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Sens. Elizabeth Warren, Bernie Sanders, Tina Smith and Edward Markey said they investigated rental data firm RealPage and call for more scrutiny of the company’s role in nationwide rent growth. Continue reading →

Park National Bank latest lender to settle federal redlining charges

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The Ohio bank’s $9 million pledge to promote ownership in Black and Hispanic neighborhoods is the sixth since the DOJ launched an initiative to combat redlining in October 2021, with lawsuits generating $84 million in relief to date. Continue reading →