Judge won't approve MLS PIN commission deal without changes
US District Judge Patti Saris asked the DOJ Antitrust Division for evidence that offers of compensation in the MLS are anticompetitive and harm consumers
Federal judge saves HUD fair housing grants from DOGE cuts
A federal judge has temporarily blocked the Department of Housing and Urban Development from canceling $30M in grants as Democratic lawmakers demand HUD edit its cost-cutting plans
by Marian McPherson Mar 27
Sellers, MLS PIN slam DOJ claims in Nosalek case: 'DOJ is simply wrong'
Plaintiffs and defendant MLS Property Information Network agree that approximately 75% of sellers are opting out of offering compensation to buyer agents in the multiple listing service
by Andrea V. Brambila Mar 27
Waters, Warren sound alarm on HUD cost-cutting plan
Representative Maxine Waters (D-CA) and Senator Elizabeth Warren (D-MA) sent HUD Secretary Scott Turner a letter demanding that he halt plans to cut staff at the Office of Fair Housing and Equal Opportunity
by Marian McPherson Mar 17
As JVs struggle, Rate names top salesman to head retail mortgage
Guaranteed Rate Inc.'s retail mortgage operations named Shant Banosian as president on Wednesday as joint ventures with Compass and Anywhere Real Estate strove to generate profits
by Matt Carter Mar 5
NAR, Mortgage Bankers Association back CFPB nominee
The National Association of Realtors and several other housing groups urged Congress to confirm Consumer Financial Protection Bureau nominee Jonathan McKernan
by Marian McPherson Feb 25
CFPB is latest target of Trump's downsizing government campaign
Congressional Democrats vow to fight moves to 'unlawfully delete this popular consumer watchdog that enjoys the broad bipartisan support of 4 out of 5 Americans'
by Matt Carter Feb 10
Senate confirms Scott Turner as HUD secretary in 55-44 vote
Former Texas state representative and NFL star Scott Turner will now lead the Department of Housing and Urban Development after being confirmed in a Senate vote of 55-44
by Marian McPherson Feb 5
MLS PIN pushes back against DOJ in advance of settlement hearing
The court will consider approving the latest deal in the case, which allows commission sharing in the multiple listing system
by Andrea V. Brambila Jan 28
Trump's executive order to address housing costs is short on specifics
Mortgage lenders have renewed their calls to slash Federal Housing Administration mortgage insurance premiums to help buyers struggling with elevated housing costs and mortgage rates
by Matt Carter Jan 21
Douglas Elliman brings on Bassick Advisors Group in Massachusetts
The luxury firm previously known as Bassick Advisors Private Brokerage has shed its indie status to join Elliman as a team. It will operate out of the firm's Boston and Wellesley offices
Erin Hovan announces Hovan Property Group's move to Compass
Hovan Property Group will shift from Berkshire Hathaway HomeServices Robert Paul Properties in Massachusetts, Rhode Island and Connecticut, where it currently holds active brokerage licenses
by Richelle Hammiel Jan 9
DOJ adds major landlords to antitrust lawsuit against RealPage
Greystar Real Estate Partners, Blackstone’s LivCor and Cushman & Wakefield are among the institutional landlords accused of fixing rental prices — to the detriment of 'millions' of renters
by Jim Dalrymple II Jan 7
Embattled sale-leaseback platform EasyKnock closes its doors
Facing lawsuits and enforcement actions by attorneys general in several states, the company said Thursday it would shut down about 2 weeks after being sued by Connecticut's Attorney General
by Matt Carter Dec 6