Compass has sued an MLS. History could shed light on its antitrust claims

The antitrust lawsuit filed last week by Compass against Northwest MLS (NWMLS) has generated a lot of talk, but it is far from the first time a brokerage has sued an MLS over an alleged antitrust injury. There is a slate of recently filed suits — as well as those filed in the 1970s and ’80s — that a
Read MoreUWM faces class-action lawsuit over alleged misuse of 401(k) plan assets

United Wholesale Mortgage (UWM) is facing a class-action lawsuit alleging misuse and misallocation of assets within its 401(k) retirement plan. The company has called the suit a “baseless claim.”Filed Monday in a Michigan district court, the lawsuit accuses UWM of violating the Employee Retirement I
Read MoreFormer Texas title employee sentenced for $350K wire fraud scheme

A former escrow officer at a McAllen, Texas-based title insurance company has been sentenced to two years in federal prison for orchestrating a complex wire fraud scheme that defrauded homebuyers and mortgage lenders of more than $350,000, the U.S. Department of Justice (DOJ) announced.Mayela Saby C
Read MoreHUD secretary open to withholding federal funding from cities over homelessness

The Secretary of U.S. Department of Housing and Urban Development (HUD) is open to withholding federal funding from major American cities that fail to show progress in dealing with homelessness issues.“That may be a good idea,” Turner told conservative radio show host Ari Hoffman in an interview Wed
Read MoreDOGE cuts to AmeriCorps imperil Habitat for Humanity programs

The Corporation for National and Community Service, better known as AmeriCorps, was a target of the U.S. DOGE Service earlier this month as most staff have been placed on administrative leave, according to recent reporting by the Associated Press (AP).The move — seen by roughly two dozen states as a
Read MoreGreystar hit with second lawsuit over alleged ‘junk fees’

Greystar Real Estate Partners, the nation’s largest residential property management firm, is facing a class action lawsuit alleging it imposed illegal and excessive fees on tenants across California.The lawsuit, filed Tuesday in U.S. District Court for the Southern District of California, accuses Gr
Read MorePending home sales post strong gain in March but lag behind 2024 pace
Recent data hasn’t provided much optimism about the direction of the housing market, but one report suggests better conditions are on the way.The March reading of the Pending Home Sales Index (PHSI) from the National Association of Realtors (NAR) clocked in at 76.5, a 6.1% rise compared to February.
Read MoreHow Dean Clark built an 8-figure team working absentee owners (+ script)

Struggling to find a lucrative listings niche in 2025? You’re not alone. Listings (of any kind) seem even more out of reach for newer agents this year. Inventory is rising, sure, but sales are still sluggish. Then there’s the economy. We went from facing mild headwinds for the real estate market to
Read MoreReal estate commissions are holding steady, but for how long?
Since the National Association of Realtors‘ (NAR) commission lawsuit settlement took effect in August 2024, many real estate professionals have been asking, “Will our commissions change?” A new HousingWire survey of select residential real estate professionals offers the most comprehensive look yet
Read MoreWill Trump install a shadow Fed president to get lower rates?

President Trump attacked Federal Reserve Chairman Jerome Powell again at a rally on Tuesday and it made me think about another game plan Trump might have for Powell. Maybe the next stage is creating a shadow Fed president to undercut the Fed Chair.Last week, President Trump said he wouldn’t fire Pow
Read MoreHomes.com grows with increased agent adoption, consumer demand

Homes.com continues to ascend and has become the second-largest residential real estate portal in the U.S., according to CoStar Group CEO Andy Florance, who shared insights during the company’s first-quarter 2025 earnings call on Tuesday.Backed by sharp increases in both traffic and agent participat
Read MoreWindermere’s OB Jacobi on real estate industry divides, smart leadership

On the newest episode of the RealTrending podcast, host Tracey Velt sits down with OB Jacobi, co-president of Windermere Real Estate, to discuss the evolving role of multiple listing services (MLSs) and the ripple effects from recent changes to the National Association of Realtors’ Clear Cooperation
Read MoreHouse to hold key session on trigger leads bill in May

The federal trigger leads bill advanced in the U.S. House of Representatives after being officially noticed during a hearing of the Subcommittee on Financial Institutions on Tuesday.The Homebuyers Privacy Protection Act is expected to be considered during a markup session on May 20 — a process that
Read MoreAs the Clear Cooperation debate heats up, two new platforms look to revamp the listing process

In addition to dividing the real estate industry, the debate over the Clear Cooperation Policy (CCP) is highlighting the different desires home sellers may have when it comes to marketing their properties. Unlist and Off-Markt are two firms that utilize different strategies as they look to capitaliz
Read MoreNRMLA co-chairs offer industry advocacy update

Kicking off the first 2025 event held by the National Reverse Mortgage Lenders Association (NRMLA) Tuesday morning in Irvine, Calif., the association’s co-chairs offered an update on the industry’s advocacy efforts.Mike Kent and Jim Cory – SVP of corporate development and industry relations at Liber
Read MoreTexas bill aims to eliminate NAR speech code

A recently introduced bill in Texas seeks to eliminate the National Association of Realtors’ (NAR) speech code within the state and to bar any other trade associations from taking similar action.Texas S.B. 2713, introduced by Mayes Middleton (R), explicitly bans any trade association from “denying a
Read MoreKeller Williams CEO Chris Czarnecki on what’s next after Stone Point investment

When Chris Czarnecki stepped into the Family Reunion event earlier this year, he knew Keller Williams’ culture was strong. Experiencing it firsthand confirmed what he had hoped for — a deep agent-first mindset that he believes will power the company’s next phase of growth.In his first in-person inte
Read MoreMortgage rates cool down as the spring housing market marches on
Mortgage market conditions have improved slightly as the calendar is set to flip to May, but anyone expecting sub-6% rates at the start of the year will be disappointed.Data at HousingWire’s Mortgage Rates Center on Tuesday showed that 30-year and 15-year conforming rates were averaging 6.95% and 6.
Read MoreAppeals court restores ban on CFPB mass layoffs

A U.S. appeals court on Monday restored a temporary block on mass layoffs at the Consumer Financial Protection Bureau, allowing employees to keep their jobs for the time being despite the Trump administration’s plan to cut the agency’s staff by 90%.On Monday, Judges Cornelia Pillard and Gregory Kats
Read MoreForeclosure auctions rise in Q1 after VA moratorium expires

Foreclosure auction activity across the U.S. rose to a six-quarter high during the first three months of 2025, fueled by a surge in properties that hit the market after the expiration of post-pandemic protections, according to a report from Auction.com.Completed foreclosure auctions were up 20% from
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