The judge who oversaw the Sitzer/Burnett lawsuit has granted preliminary approval to the National Association of Realtors’ (NAR) $418 million settlement. As part of the settlement, NAR will allocate the $418 million into a fund over a four-year period. NAR also agreed...
The Real Brokerage Inc. (NASDAQ: REAX) announced a $9.25 million settlement agreement to resolve the pending class action litigation in one of the post-Sitzer/Burnett copycat lawsuits regarding the commissions paid to real estate professionals. Under the terms of the...
The story behind the Sitzer/Burnett case, squatters getting the boot in Florida and an iconic hotel’s demise. From the wild and wooly world of real estate, here are the Hits and Misses for the week of March 25-29. Miss: Placing Blame Elsewhere. Rhonda Burnett, a...
The National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA) sent a letter to the Federal Housing Finance Agency, Federal Housing Administration, Fannie Mae, and Freddie Mac requesting confirmation that homebuyers can continue to access...
A Phil Hall Op-Ed:Â Ever since the National Association of Realtors (NAR) announced its $418 million settlement to settle the charges raised in the Sitzer/Burnett case, there has been a flood of bizarre articles, interviews and opinion pieces in the mainstream media...
Equifax Says Nearly 2,000 Mortgage Firms Used Its VantageScore Offer
