Tag Archives: regulations

Oregon becomes first US state to ban homebuyer love letters

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Homebuyers have used these so-called “love letters” help their offers stand out, but critics say they leave the door open for discrimination. Continue reading →

Co-ops in Westchester County now have to explain why they reject buyers. Will NYC be next?

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Boards in Westchester County now have to notify the county Human Rights Commission about rejections and the reasonings for them. Continue reading →

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

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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 →

BREAKING: Justice Department withdraws from settlement with the National Association of Realtors

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The antitrust regulator said the trade group refused to modify the deal to protect the agency’s ability to investigate other NAR conduct that could impact real estate competition. Continue reading →

Keller Williams, EXIT Realty and dozens of others sued for discrimination

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The suit alleges 36 real estate companies, agents and landlords illegally refused to accept Section 8 housing vouchers in New York’s Westchester County. Continue reading →

US Supreme Court denies Realtors’ request to lift CDC eviction ban

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Justice Brett Kavanaugh said the federal agency exceeded its authority but ban’s current July 31 expiration date would allow for ‘more orderly distribution’ of rental assistance funds. Continue reading →

With new FTC chair, expect greater scrutiny on the real estate industry

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Lina Khan’s appointment at the Federal Trade Commission last week appears to indicate the Biden administration plans to take an aggressive approach to antitrust regulation. Continue reading →

Lenders who rely on AI, algorithms could face new legal risks

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In a move that could pose challenges for lenders that employ AI and algorithms to evaluate borrowers, federal housing officials are moving moving to rescind policies to protect lenders and other businesses from claims of inadvertent discrimination. Continue reading →

They came for 2-sided deals — then a pocket listing debate broke out

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Despite its title — “The End of the Two-Sided Deal: Will This Be The New Normal?” — a panel at Inman Connect quickly turned into an intense debate over the role of pocket listings. Continue reading →