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Department of Justice

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Chicago-area contractor sentenced to 17 years in prison over reverse mortgage scam

January 17, 2025 by bp56691
The U.S. Department of Justice (DOJ) announced this week that Mark Steven Diamond, who was accused of “bilking elderly homeowners in a reverse mortgage and home repair scheme,” was sentenced to 17 years in federal prison by the U.S. District Court for the Northern District of Illinois.
Categories Chicago, Department of Justice, FBI, HUD, HWmember, Illinois, Legal, Reverse

The Supreme Court is out, so what’s next for NAR?

January 14, 2025 by bp56691
Legal experts weigh in on where NAR goes now that it has run out of courts to hear its appeal against the Department of Justice.
Categories Department of Justice, HWmember, Legal, national association of realtors, Real Estate, Supreme Court, Trump Administration

Will the NAR-DOJ fight head to the Supreme Court? A decision is expected this week

January 7, 2025 by bp56691
The Supreme Court will convene on Friday to decide whether it will hear NAR’s writ of certiorari in its ongoing legal battle with the DOJ.
Categories Department of Justice, Legal, national association of realtors, Real Estate, Supreme Court

Sue Yannaccone says Anywhere is looking to raise the bar in 2025

December 13, 2024 by bp56691
Sue Yannaccone says Anywhere is looking to raise the bar in 2025
At Anywhere, communication was the key to success in 2024. The company plans to continue to leverage this strength to fuel growth in 2025.
Categories Anywhere, Brokerage, Commission Lawsuit, Department of Justice, national association of realtors, Real Estate

‘The DOJ is coming for NAR’: What’s next after the $418M settlement?

November 27, 2024 by bp56691
‘The DOJ is coming for NAR’: What’s next after the 8M settlement?
Despite the NAR settlement gaining final approval, many in the real estate industry believe this is just the start for more antitrust issues.
Categories Commission Lawsuit, Department of Justice, Legal, national association of realtors, Real Estate, sitzer/burnett

NAR’s commission lawsuit settlement receives final approval

November 26, 2024 by bp56691
Final approval was given to settlements reached by NAR, HomeServices of America, and the 15 MLSs and 13 brokerages that opted in.
Categories Commission Lawsuit, Department of Justice, HomeServices of America, Legal, NAR Lawsuit Settlement, national association of realtors, Real Estate, sitzer/burnett, U.S. Department of Justice
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