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
Final approval, DOJ warnings, pressing questions: Inman Top 5
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Dani Vanderboegh Nov 30
DOJ's 14th redlining settlement is its first with a credit union
Citadel Federal Credit Union 'respectfully disagrees' with allegations, agrees to invest $6.5M and open 3 new branches in predominantly Black and Hispanic neighborhoods in Philadelphia
by Matt Carter Oct 11
Judge gavel with justice lawyers to represent appraisal bias lawsuit
Since launching an initiative to combat redlining in 2021, prosecutors at the Department of Justice have reached settlements with 13 mortgage lenders totaling more than $137M
by Matt Carter Sep 18
More suits, new reports, demure micro-trends: Inman's Top 5
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Dani Vanderboegh Aug 30
DOJ takes aim at RealPage rent-pricing algorithm in antitrust suit
‘Americans should not have to pay more in rent because a company has found a new way to scheme with landlords to break the law,’ Attorney General Merrick Garland said on Friday
by Taylor Anderson Aug 23
DOJ sends signal to industry in first commission comment since March
Statements made by a DOJ attorney during a May 21 status hearing in the Nosalek commission case offer new insights into the Justice Department's impression of the proposed NAR settlement
by Taylor Anderson May 22
How commission chaos divided the real estate industry into 4 factions
The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward
by Taylor Anderson Mar 20
Patriot Bank denies DOJ redlining allegations, settles for $1.9M
Government alleges competitors in the community bank's peer group made home loans in minority areas of Memphis at almost three times the rate of Patriot from 2015 to at least 2020
by Matt Carter Jan 19
Gavel over one hundred dollar bills represents Newrez' settling a complaint
Lawmakers are demanding a federal investigation in the wake of a CNN analysis that concluded the nation's largest credit union denied more than 50% of Black mortgage applicants in 2022
by Matt Carter Jan 12
Lack of access to credit keeps Black neighborhoods in rental loop
Access to safe credit building is limited in Black neighborhoods, Zillow reported, highlighting lingering effects of redlining that keep those households renting instead of owning a home
Ameris is now 10th lender to settle DOJ redlining charges in 2 years
In announcing the $9M settlement with the Florida lender, the DOJ says it 'currently has over 2 dozen active investigations into redlining, spanning neighborhoods across the country'
by Matt Carter Oct 19
Berkshire Hathaway-owned lender settles redlining case with DOJ
This case is the first-ever redlining settlement against a mortgage company and the second-largest such settlement in DOJ history
by Taylor Anderson Jul 27
Roe v. Wade has been overturned. What does it mean for real estate?
The decision to overturn Roe v. Wade by a conservative majority in the court is expected to lead to bans in approximately half the states and could potentially lead to new migration trends
by Jim Dalrymple II May 4