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Cushman & Wakefield Pushes Back at DOJ Charges of Rent Hike Conspiracy

by Phil Hall | Jan 14, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Cushman & Wakefield (NYSE: CWK) is pushing back on charges by the US Department of Justice (DOJ) that it has engaged with other companies in conspiring to jack up rents through the use of the RealPage software, arguing it is not a landlord and is not in the...
Justice Department Sues Six Corporate Landlords for Algorithmic Pricing Scheme

Justice Department Sues Six Corporate Landlords for Algorithmic Pricing Scheme

by Phil Hall | Jan 8, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The US Department of Justice (DOJ) and 10 state attorneys general filed an amended complaint in its antitrust lawsuit against the software company RealPage to sue six of the nation’s largest landlords for allegedly using algorithmic pricing schemes to inflate the...
CFPB Sues Experian Over Handling Consumer Disputes

CFPB Sues Experian Over Handling Consumer Disputes

by Phil Hall | Jan 7, 2025 | Industry Updates, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against the consumer reporting agency Experian, alleging that if failed to properly investigate consumer disputes. Experian, based in Costa Mesa, California, is one of the nation’s three largest...
Justice Department Sues Six Corporate Landlords for Algorithmic Pricing Scheme

CFPB Sues Berkshire Hathaway Unit Vanderbilt Mortgage, Alleging ‘Risky Loans’

by Phil Hall | Jan 7, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Vanderbilt Mortgage & Finance, claiming the company was “setting families up to fail when they borrowed money to buy a manufactured home.” Maryville, Tennessee-based Vanderbilt originates...
Home Builders Join Lawsuit Against HUD and USDA Over Energy Codes

Home Builders Join Lawsuit Against HUD and USDA Over Energy Codes

by Phil Hall | Jan 3, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The National Association of Home Builders (NAHB) has joined 15 state attorneys general in a lawsuit to stop to the US Department of Housing and Urban Development (HUD) and the US Department of Agriculture (USDA) from adopting the 2021 International Energy Conservation...
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