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Broker Wins Lawsuit over Escrow Retention

April 17, 2013: 

Massachusetts court affirms small claims court ruling that listing agreement allowed broker to retain a portion of the escrow for buyer’s default.

Sham Rating Site? Oregon Agents Raise the Alert

April 15, 2013: 

Another ratings site appears to be selling positive reviews to real estate professionals concerned about reputation management.

Obama Budget Request Repeats Past Housing Proposals

April 11, 2013: 

President Obama calls for an itemized deductions value cap, including mortgage-interest and property-tax deductions, in his 2014 federal budget request.

Selling a Foreclosure? Don't Ignore the Tenant

April 10, 2013: 

Watch this 5-minute video to learn about the protections afforded to foreclosed-upon tenants under the Protecting Tenants at Foreclosure Act.

4 Top Mortgage Insurers Fined For Kickbacks

April 5, 2013: 

The Consumer Financial Protection Bureau has fined four of the nation's largest mortgage-insurance providers for alleged kickbacks to lenders in order to win more business.

Award for MLS Violations Upheld

April 3, 2013: 

Pennsylvania court determines that broker violated terms of stipulation and so affirms award of damages to the association.

Fannie REO Specialist Faces Kickback Allegations

March 28, 2013: 

A Fannie Mae REO specialist is being accused of trying to arrange a deal with a real estate broker that he'd supply listings in exchange for a cut of the commission on the sale of the properties.

Alikes v. Griffith: Fraud Lawsuit Dismissed for Lack of Harm

March 27, 2013: 

New York appellate court rules that sellers’ damages were not caused by the actions of real estate professional and therefore dismisses the lawsuit.

Levert Hill v Associated Holding Group: Buyer’s Lawsuit Continues

March 18, 2013: 

Ohio court reverses decision in a case involving a salesperson who incorrectly told the buyer that she could rent condo purchased as an investment.

IDX and the Fair Housing Act

March 12, 2013: 

NAR has received a number of inquiries arising from a blog posting about the federal Fair Housing Act lawsuit brought against Jeff Launiere, a licensee in Clearwater, Fla. Mr. Launiere’s posts have raised an alarm among real estate professionals that they could potentially be liable for the content provided by other MLS participants listings when it appears on the real estate professional’s website through an IDX feed.

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