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Supreme Court Declines to Hear NAR’s Attempt to Stop DOJ’s Restart of Investigation

Supreme Court Declines to Hear NAR’s Attempt to Stop DOJ’s Restart of Investigation

by Phil Hall | Jan 13, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The US Supreme Court has declined without comment to consider an appeal by the National Association of Realtors (NAR) to stop the US Department of Justice (DOJ) from reopening an investigation into NAR’s Participation Rule and Clear Cooperation Policy that was...
The Mortgage Firm Settles Federal Charges of Redlining

The Mortgage Firm Settles Federal Charges of Redlining

by Phil Hall | Jan 9, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The US Department of Justice (DOJ) announced The Mortgage Firm Inc. agreed to a settlement that resolves allegations that it redlined predominantly Black and Hispanic neighborhoods in the Miam metro area. Headquartered in Altamonte Springs, Florida, The Mortgage Firm...
Lafayette RE Management in $680,000 Settlement Over PPP Loan Fraud

Lafayette RE Management in $680,000 Settlement Over PPP Loan Fraud

by Phil Hall | Dec 19, 2024 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Lafayette RE Management LLC, a New York City-based asset manager focused on acquiring, developing, financing, and managing single-family homes, and company founder and majority owner Thibault Adrien have agreed to a $680,000 settlement to resolve allegations they...
Hits and Misses for the Real Estate Week of Dec. 9-13

Hits and Misses for the Real Estate Week of Dec. 9-13

by Phil Hall | Dec 13, 2024 | Commercial Real Estate News, Current News & Events, Hits and Misses, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

A slippery definition of “reopening,” an unlikely grant and a merger’s messy failure. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 9-13. Miss: An Unsettled Settlement. The US Department of Justice (DOJ)...
Supreme Court Declines to Hear NAR’s Attempt to Stop DOJ’s Restart of Investigation

DOJ Tells Supreme Court It Never Agreed ‘Not to Reopen’ NAR Probe

by Phil Hall | Dec 12, 2024 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The US Department of Justice (DOJ) told the US Supreme Court that it never committed not to reopen its investigation into the National Association of Realtors (NAR) despite its 2020 consent decree that settled a probe of the organization. According to a Law360 report,...
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