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
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
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
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
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
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
Regulators alleged statements made by hosts of Townstone Financial’s call-in show discouraged “prospective” African-American applicants from seeking mortgage loans. Continue reading
Agents and brokers who spoke to Inman following the ruling in favor of NAR disagreed on who is “overreaching” in the case and on whether changes to the controversial rules are necessary. Continue reading
District court judge sets aside DOJ demand for information from the NAR on buyer broker commission and pocket listing rules. Continue reading
Top Agent Network’s appeal alleges the Clear Cooperation Policy’s goal is to safeguard NAR’s business model, which relies on dues revenue from nearly 1.6 million agents and brokers. Continue reading