KW, Realogy, RE/MAX and HomeServices slap back at ‘bombshell’ antitrust lawsuit

The big residential brokerage franchisors and holding companies filed a motion on May 17 to dismiss the class action lawsuit filed by homeseller Christopher Moehrl seeking to upend the traditional commission structure in the real estate industry. 

Redfin’s new agent-free service hits regulatory snag

Redfin Direct, a pilot program that allows consumers to make direct offers on homes listed by real estate brokerage Redfin online without being represented by a buyer’s agent, is violating a regulation regarding agency disclosure, according to a Massachusetts state agency that oversees real estate licensees.

READ: Justice Department’s letter to CoreLogic demanding MLS info

Inman has obtained a letter from the Department of Justice requesting information on multiple listing service data from CoreLogic, a California-based financial services and analytics firm.

HUD Secretary slammed for confusing REO with Oreo cookies

Despite the controversy that has swirled around his tenure, following the Oreo incident, Ben Carson attempted to downplay his apparent confusion.

Is US government investigating MLSs and vendors for antitrust?

The Department of Justice is reportedly demanding CoreLogic and other MLS vendors hand over information related to buyer broker commissions.

Federal Housing Administration seeks to loosen condo financing: NAR

For a decade, NAR has urged the Federal Housing Administration to make it easier for condo buyers to qualify for FHA-insured mortgages. Now the FHA is making progress on this front.

READ: President Trump’s remarks at NAR conference in full

The following is the complete White House transcript of President Donald Trump’s speech to the National Association of Realtors during its annual mid-year legislative and trade expo in Washington, D.C.

House passes Equality Act in step toward LGBT housing protections

Currently, 21 states and the District of Columbia prohibit discrimination on the basis of sexual orientation and gender identity. Wisconsin banned discrimination only on the basis of sexual orientation, not gender identity.

President Donald Trump to speak at NAR conference Friday

President Donald Trump will speak at the National Association of Realtors annual legislative meetings and expo on Friday, the association confirmed.

Too smart to fall for a real estate scam? Think again

Real estate and rental internet crimes affected 11,300 victims in 2018, according to a new report, and cost them nearly $150 million, up dramatically from 2017, when 9,645 victims were impacted by these types of crimes and lost a collective $56 million to scammers and fraudsters using online means.