In 2021, the Department of Justice (DOJ) reopened its long-running inquiry into alleged anticompetitive practices by the National Association of Realtors (NAR) which they are concerned might contribute to excessive costs to consumers for real estate transactions. Having settled the issue out of court in both 2008 and 2020, the April 5th ruling of the U.S. Court of Appeals for the District of Columbia will allow the DOJ to proceed with its inquiry, following its commitment to “fighting to lower the cost of buying and selling a home.”
Court Ruling Permits DOJ to Reopen Investigation into Real Estate Transaction Costs
Published on April 12, 2024
Recent News
FT: Debt Issuance Surges Ahead of September FOMC Meeting and Upcoming Presidential Election
September 13, 2024
CFPB Director Chopra Outlines Actions to Benefit Mortgage Consumers
September 13, 2024
Federal Reserve Moves to Lower Proposed Capital Requirements
September 13, 2024
Michael Bright in American Banker: Federal Overreach in Loan Servicing Will Harm Consumers
September 10, 2024
American Economic Sentiment Shows Signs of Improvement
September 6, 2024