The sweeping tariffs President Trump implemented on April 2 have been ruled illegal by a federal appeals court that said Trump did not have the power under the International Emergency Economic Powers Act to levy tariffs. However, the court is allowing the tariffs to stay in place until a lower court rules on whether the […]
Trump’s ‘liberation day’ tariffs ruled illegal, but stay in place for now Read More »
Subscribers to the New England-based MLS Property Information Network (MLS PIN) are gearing up for some business practice changes, which are set to go into effect on Tuesday. The changes are the results of MLS PIN’s long-awaited settlement agreement in the Nosalek commission lawsuit. The MLS defendant’s fourth amended settlement agreement was granted preliminary approval
MLS PIN settlement business practice changes go into effect Tuesday Read More »
With the implementation date for Financial Crimes Enforcement Network’s (FinCEN) Anti-Money Laundering Regulations for Residential Real Estate Transfers fast approaching, Fidelity National Financial (FNF) and its subsidiaries are asking the court to take action in its lawsuit over the rule. Filed in May 2025, the suit challenges FinCEN’s anti-money laundering rule, which requires title firms to
Fidelity asks for summary judgment in suit against FinCEN, Bessent Read More »
Federal Reserve Governor Lisa Cook filed suit against President Trump in a federal court in Washington, D.C. on Thursday. The lawsuit follows Trump’s announcement on Monday that he was attempting to fire Cook over allegations she committed occupancy fraud by designating two different properties as her primary residence in 2021. Fed Chair Jerome Powell and
Lisa Cook files suit against Trump, Powell and Fed Board of Governors Read More »
A Michigan judge ruled on Friday that Rocket Mortgage’s noncompete provisions are void and unenforceable, dealing a blow to the lender in its long-running legal battle with Swift Home Loans, its founder Andi Numan and several former employees. The decision, issued by Judge Brian R. Sullivan of the Third Judicial Circuit of Michigan, cites the
Michigan judge strikes down Rocket Mortgage noncompete provisions Read More »
Many in the real estate industry lauded President Donald Trump’s victory in the 2024 presidential election as they anticipated his win would usher in a new wave of weaker antitrust scrutiny on an industry that had spent the past four years battling its fair share of antitrust suits. However, these hopes and dreams were put
Is the real estate industry getting its antitrust enforcement wish? Read More »
CrossCountry Mortgage (CCM), a branch manager in Georgia and a former employee have reached a settlement in a sexual harassment lawsuit, according to court filings. The case began in June 2023 when former processor Christina Nielsen alleged that branch manager Steven Bocca subjected her and other female employees to sexual comments, unwanted touching and inappropriate
CrossCountry Mortgage settles sexual harassment case in Georgia Read More »
Roger Alford’s time at the Department of Justice (DOJ) may have been brief — much to the relief of the real estate industry — but that doesn’t mean he doesn’t have thoughts on his time there. Alford, a law professor at Notre Dame who served as an expert witness testifying against the real estate industry
Former DOJ official blames lobbyist for weaker antitrust scrutiny Read More »
A broker in Florida is suing the National Association of Realtors (NAR), along with state and local associations and MLSs, for alleged antitrust violations and steering homebuyers into using buyer’s agents. Filed late last week by Jorge A. Zea in the U.S. District Court for the Southern District of Florida’s West Palm Beach Division, the
NAR faces new antitrust suit over alleged steering Read More »
The National Association of Realtors (NAR) must face yet another appeal of a suit it was dismissed from earlier this summer. On Monday, plaintiff Luz de Amor Eytalis filed an appeal of the dismissal of her lawsuit against NAR, Paragon MLS Connect, Wichita Falls Association of Realtors and Texas Association of Realtors. The lawsuit, which
NAR faces appeal of Eytalis antitrust suit Read More »