Among other things, the case could ultimately drive down commissions and weaken industry organizations, agents told Inman. Source: Inman News
Posts published in “doj”
Proposed settlement would require the trade organization to repeal or change several rules the Department of Justice deems anticompetitive. Source: Inman News
Robert Smith, CEO of Vista Equity Partners, will pay back taxes owed on offshore assets totaling $140 million. Vista has a majority stake in Lone…
Denis Donovan, a rental broker affiliated with Village Realty, is accused of engaging in housing practices that discriminate on the basis of race or color. …
Jeffrey Detloff is accused of steering maintenance and repair contracts to companies that provided his own firm a kickback. Source: Inman News
The FTC says Mount Diablo Lending and its owner responded to negative reviews by posting consumer’s credit history, debt-to-income ratio and other personal information. Source:…
The financial services and analytics firm, which provides products and services to the real estate industry, generated $459 million in revenue in the third quarter. …
The U.S. Department of Justice filed a statement of interest Monday in the Moehrl class-action, buyer-broker commission lawsuit. The statement mirrors one filed last week…
In documents filed Monday, the DOJ claims the National Association of Realtors is “inaccurately portraying” a 2008 consent decree in its defense in a buy-side…
Activists argue the change will make it easier for businesses and landlords to discriminate and harder for tenants to bring lawsuits for housing discrimination. Source:…