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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...
Hits and Misses for the Real Estate Week of Jan. 6-10

Hits and Misses for the Real Estate Week of Jan. 6-10

by Phil Hall | Jan 10, 2025 | Current News & Events, Hits and Misses, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

A last-minute slew of Biden administration lawsuits, a special advisor for the NAR chief and Justin Trudeau opens the Exit door. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 6-10. Miss: Last Minute Lawsuit. During his...
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...
DOJ Secures Forfeiture of Two Miami Condos for Violations of Russia-Related Sanctions

DOJ Secures Forfeiture of Two Miami Condos for Violations of Russia-Related Sanctions

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

The US Department of Justice (DOJ) has secured the forfeiture of two luxury Miami condominiums that were maintained, transferred, and leased in violation of sanctions against Russian national Viktor Perevalov. The forfeited properties have a combined value of...
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...
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