HUD and the FHFA are changing. Here's everything you need to know
Workforce cuts, the rescission of Fair Housing initiatives and COVID assistance, and multiple pathways for Fannie Mae and Freddie Mac are all under discussion at the federal housing agencies
by Marian McPherson Jun 5
Redfin shareholders approve Rocket merger at special meeting
With antitrust regulators declining to weigh in, $1.75B deal to marry a tech-focused mortgage lender to real estate brokerage could close by the end of the month
by Matt Carter Jun 4
Suing brokers increasingly chafe at NAR rules and reputation
Pennsylvania real estate broker Maurice Muhammad highlights alleged disparate enforcement of rules in his amended antitrust complaint challenging 'forced' Realtor membership
Democrats reintroduce bill to expose rental algorithms
Minnesota Senator Amy Klobuchar has reintroduced the Preventing Algorithmic Collusion Act, inspired by the Department of Justice’s RealPage investigation
by Marian McPherson Feb 6
Treasury Secretary Scott Bessent to temporarily lead CFPB
President Trump fired former Consumer Financial Protection Bureau Director Rohit Chopra on Saturday. Treasury Secretary Scott Bessent will take over leadership duties until Trump nominates a new director.
by Marian McPherson Feb 3
Trump's AG pick promises to pursue antitrust enforcement
Pam Bondi affirmed the enforcement of antitrust laws would be a 'priority' for her as Attorney General, which suggests the real estate industry should be prepared for further investigations
by Lillian Dickerson Jan 16
FCC warns of massive spoofing op impersonating mortgage lenders
'Green Mirage' phone scam targets homeowners in all 50 states from India, using the caller ID of the borrower's actual mortgage lender and tricking victims into making payments to US 'mules'
by Matt Carter Jan 16
Gavel over one hundred dollar bills represents Newrez' settling a complaint
The FTC alleges the company advertised monthly rental rates that did not include mandatory 'hidden' fees that could add up to more than $1,700 per year
by Andrea V. Brambila Sep 24
Victims awarded $12M in flipper scheme repped by HGTV stars
The Federal Trade Commission (FTC) is distributing $12M in payments to customers caught in a real estate house-flipping scheme operated by Zurixx, LLC and promoted by a lineup of celebrities
by Richelle Hammiel Aug 2
Proposed DOJ ban on commission offers against the law, MLS says
MLS PIN on Monday urged a district court to reject the Department of Justice's arguments against a settlement with homeseller plaintiffs in the Nosalek antitrust commission case
by Andrea V. Brambila Jun 12
'The sky is not falling': Fighting fear and frustration post-settlement
Nick Schlekeway looks at the consumer, governmental and industry forces that led to the post-settlement landscape and the opportunities they present for those willing to move forward
by Nick Schlekeway Apr 19
opendoor
The federal agency will send checks to 54,689 consumers it says were deceived by advertising and marketing claims made by the iBuyer
NAR's $418M settlement throws a wrench at the MLS. So now what?
If the proposed settlement is approved, multiple listing services will be forced to nix the buyer commission field by July. Now is the time to prepare, writes author and trainer Bernice Ross
by Bernice Ross Mar 19
James Dwiggins
James Dwiggins argued at Inman Connect New York that commission lawsuits and pressure from the feds is going to bring about change in the real estate industry
by Jim Dalrymple II Jan 23
Real estate coaches who preyed on Spanish speakers banned by FTC
The Federal Trade Commission ordered Ganadores Real Estate to refund consumers after false coaching and mentoring promises. Students were charged $28K each, promised 6-figure returns
by Marian McPherson Jan 18