NAR to fight DOJ investigation all the way to the Supreme Court

The case dates back to a 2020 settlement between NAR and the DOJ, and to the DOJ’s 2021 attempt to withdraw from that settlement — something NAR is trying to block. Continue reading

NAR: ‘We have many grounds’ to appeal the Sitzer | Burnett verdict

The National Association of Realtors laid out its arguments to overturn the ruling Tuesday. The plaintiffs’ attorney said if the trade group doesn’t change, it risks an injunction and DOJ wrath. Continue reading

DOJ intervention puts MLS commission settlement on ice

The homeseller plaintiffs agreed to a two-month extension of deadlines related to a proposed deal with MLS PIN after the federal agency asked for time to assess the deal’s “competitive impact.” Continue reading

SoftBank may pull out of pledge to buy $3B in shares of WeWork

The Japanese conglomerate has been rapidly losing faith in the co-working space company. Continue reading

General Electric will pay $1.5 billion over subprime lending

General Electric has agreed to pay $1.5 billion to the U.S. Justice Department over allegations that one of its subsidiary businesses made misrepresentations related to subprime lending. Continue reading