DOJ to appear in court in appeal of pocket listing lawsuit against NAR

The agency, which is currently investigating the trade association’s Clear Cooperation Policy, says it’s defending its interest in the application of antitrust laws to the real estate industry. Continue reading

Here’s the timeline of the NAR-DOJ legal battle

The U.S. Department of Justice just backed out of an antitrust settlement with the National Association of Realtors, suggesting more legal wrangling is on its way. Continue reading

DOJ: Pocket listing suit against NAR shouldn’t have been thrown out

The Department of Justice and The PLS argue that lower court should have considered Clear Cooperation Policy’s impact on brokers who directly purchase access to listing services, not on buyers and sellers. Continue reading

Share of mortgages in forbearance drop 3 points at end of February

The overall decline of mortgage loans in forbearance was led by Ginnie Mae loans, which dropped by 7 basis points from the previous week to 7.28 percent of loans in forbearance. Continue reading

Petition seeks to overturn NAR pocket listing ban

The petition argues that the Clear Cooperation Policy violates the rights of homeowners, and that it should be reversed. Continue reading