4 ways to improve real estate as bombshell commission suits sizzle
At Inman Connect Las Vegas, real estate broker and attorney Kendall Bonner urged the industry to be proactive instead of waiting to be legally 'bullied' into change
Chamber of Commerce goes to bat for NAR in face of 'unfair' DOJ probe
In a 'friend of the court' brief, the Chamber said the government should have to keep its promise to not investigate the National Association of Realtors' commission and pocket listing policies
'Alarming': NAR slams DOJ effort to resume commission investigation
In a new brief, NAR claims the DOJ's argument for resuming its probe would 'destabilize the law.' The agency has sought to overturn an earlier ruling that quashed a request for more information
by Andrea V. Brambila Jul 26
DOJ: Ron DeSantis' foreign-buyer property ban in Florida is unlawful
Department of Justice officials claimed last week the bans on some foreign citizens buying property in Florida violate the Fair Housing Act and the US Constitution
by Daniel Houston Jul 3
DOJ will weigh in at appeals court during NAR pocket listing dispute
The antitrust enforcer will get 5 minutes at oral arguments in Top Agent Network's appeal to overturn a lower court ruling tossing its case against NAR's Clear Cooperation Policy
by Andrea V. Brambila Jun 30
DOJ: NAR commission and pocket listing investigation should resume
The US Department of Justice wants 'to resume its consequential investigation of conduct that affects over $100 billion in broker fees paid by Americans annually,' according to an appeal
DOJ appeals NAR win in probe of commission, pocket listing rules
The antitrust enforcer wants a higher court to overturn a ruling that limits its investigation into the Realtor trade group's Participation Rule and Clear Cooperation Policy
by Andrea V. Brambila Mar 28
Facade Flags Justice Department Building Washington DC
In an amicus brief the antitrust enforcer argues that a lower court incorrectly tossed a case filed by Top Agent Network over the National Association of Realtors' pocket listing policy
by Andrea V. Brambila Mar 14
4 more US senators call for DOJ probe of RealPage over rent hikes
Sens. Elizabeth Warren, Bernie Sanders, Tina Smith and Edward Markey say they investigated rental data firm RealPage and call for more scrutiny of the company’s role in rent growth
by Taylor Anderson Mar 8
Park National Bank latest lender to settle federal redlining charges
The Ohio bank's $9M pledge to promote ownership in Black and Hispanic areas is the 6th since the DOJ launched an initiative to combat redlining in 2021 that has generated $84M in relief
by Matt Carter Mar 3
Court tosses redlining suit sparked by mortgage broker's radio show
Regulators alleged statements made by hosts of Townstone Financial's call-in show discouraged 'prospective' African-American applicants from seeking mortgage loans
by Matt Carter Feb 8
NAR-DOJ ruling divides agents over commission, pocket listing rules
Agents and brokers who spoke to Inman following the ruling in favor of NAR disagreed on who is 'overreaching' in the case and on whether changes to the controversial rules are necessary
Federal court rules in favor of NAR in longtime DOJ probe
District court judge sets aside US Department of Justice 2021 demand for information from the National Association of Realtors on buyer broker commission and pocket listing rules
by Andrea V. Brambila Jan 26
Facade Flags Justice Department Building Washington DC
Top Agent Network's appeal alleges the Clear Cooperation Policy's goal is to safeguard NAR's business model, which relies on dues revenue from nearly 1.6 million agents and brokers
by Andrea V. Brambila Jan 24
Gavel over one hundred dollar bills represents Newrez' settling a complaint
Biggest redlining settlement in DOJ history is 5th enforcement action since launch of initiative to combat redlining in 2021, with $75M in relief to date. Bank denies it engaged in redlining
by Matt Carter Jan 13