DOJ wants antitrust review of real estate commissions in Davis suit
The DOJ filed a statement in the Davis lawsuit, arguing real estate agent commissions remain inflated due to trade group rules.
Department of Justice
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Advocacy groups see erosion of fair lending oversight, move to fill the gap
In its latest move, the Department of Justice (DOJ) this week announced the rescission of disparate-impact liability from its Title VI regulations, while other parts of the federal government have reduced enforcement of fair lending issues.
Memo reportedly undercuts mortgage fraud allegations against Letitia James
Prosecutors reviewing the mortgage occupancy fraud case against New York Attorney General Letitia James determined there is evidence that undercuts the allegations against her, according to an ABC News report based on sources.
New York AG Letitia James indicted on mortgage fraud charge
An anonymous source says James was indicted in the Eastern District of Virginia on one count after a mortgage fraud investigation.
MLS PIN, Nosalek settlement finally gains final approval
With the approval of MLS PIN’s settlement, all settlements in the Nosalek commission suit now have final approval.
Compass taps former NAR settlement attorney Ethan Glass as chief legal officer
Glass represented the National Association of Realtors in the Sitzer-Burnett lawsuit, and Compass in its lawsuit against Northwest MLS.
Is the real estate industry getting its antitrust enforcement wish?
Many real estate professionals hoped for weaker antitrust scrutiny from a Trump DOJ, and so far it appears they are getting their wish
UBS will pay $300M to settle Credit Suisse case
The payment, which UBS inherited when it acquired Credit Suisse, resolves consumer-relief commitments that Credit Suisse agreed to in 2017.
Trump’s assault on DEI hasn’t ended federal efforts to stop appraisal bias
While the Trump administration has rolled back many regulations around appraisal bias, some remain in place.
MLS PIN settlement gains preliminary approval … again
Judge Patti B. Saris on Tuesday granted preliminary approval to the fourth amended settlement between MLS PIN and the Nosalek plaintiffs.