DOJ filing indicates wider probe into buyer’s broker commissions

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

HUD moves forward with ‘disparate impact’ proposal

Activists argue the change will make it easier for businesses and landlords to discriminate and harder for tenants to bring lawsuits for housing discrimination.  Continue reading

Investors sue Realogy, allege fraud over agent commissions

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

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

NYC law firm mulls class action lawsuit against Realogy

The New York City-based law firm that previously filed a class action lawsuit against Zillow is putting Realogy in its crosshairs. Continue reading

Bombshell lawsuit takes a new turn

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

Quicken Loans agrees to pay HUD $32.5M

Quicken Loans confirmed today it has agreed to pay the U.S. Department of Housing and Urban Development $32.5 million to resolve a multi-year legal battle between the lender and HUD. Continue reading

CoreLogic’s top lawyer is quitting in the middle of a Justice Dept. inquiry

Alyson Austin, a spokesperson for CoreLogic, confirmed to Inman that Arnold Pinkston would be leaving the company and explained that he had received a job offer from a large medical device manufacturer in Orange County, California.  Continue reading

Is US government investigating MLSs and vendors for antitrust?

The Department of Justice is reportedly demanding CoreLogic and other MLS vendors hand over information related to buyer broker commissions. Continue reading

Why real estate is in jeopardy

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