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

Bankrate successor to pay $28M in fines for fraud scheme

Baton Holdings, the successor company to financial services and marketing company Bankrate, has agreed to pay $28 million in fines to resolve a government investigation into accounting and a securities fraud scheme carried out by former executives.  Continue reading

PHH to pay $750k over military service member foreclosures

PHH Mortgage agreed to pay $750,000 to six service members in response to allegations that the mortgage company unlawfully foreclosed on their homes.  Continue reading

Real estate’s competition decree has expired. What’s next?

Last month, an antitrust settlement between the National Association of Realtors (NAR) and the U.S. Department of Justice (DOJ) expired. Does that mean Realtor associations can go back to engaging in practices once deemed anti-competitive? And could th… Continue reading