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
Legal
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NAR faces new antitrust suit over alleged steering
A Florida broker claims that NAR steers homebuyers to use a buyer’s agent by making it hard for them to directly contact the listing agent.
OneTrust challenges mortgage coaching neutrality in suit over trade secrets
Filed Monday in the U.S. District Court for the Southern District of California, the complaint alleges breach of contract, misappropriation of trade secrets, business disparagement and civil conspiracy.
Whistleblower in eXp sexual assault suit sues over alleged retaliation
Noelle Nielsen allegedly reported incidents of sexual assault and harassment committed by her sponsors, the Acevedo suit defendants, in 2020.
Appeals court throws curve ball in potential class-action suit against Unison
A Ninth Circuit panel reversed a lower court’s dismissal order in a proposed class-action suit against Unison Agreement Corp.
Cypress Loan Servicing settles foreclosure case for $2M
Cypress reached a $2 million settlement with the Massachusetts AG over alleged violations of foreclosure prevention and consumer protection laws.
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.
LGBTQ+ Alliance regains control of financial accounts amid legal turmoil
Former CEO Ryan Weyandt, who faces criminal charges for allegedly possessing explicit content of minors, seized the accounts last month.
Fired Fannie Mae workers sue over discrimination
Dozens of former Fannie Mae employees filed a lawsuit this week, alleging discrimination after being abruptly fired in April over donations made through the government-sponsored enterprise’s charitable program.
Judge dismisses Maryland appraisal discrimination case and defamation countersuit
A federal judge in Maryland has dismissed the claims of both the plaintiffs and defendants in an appraisal discrimination lawsuit.