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

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

DOJ files statement of interest in larger buyer broker lawsuit

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

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