All Posts in "Real Estate News" Category

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Antitrust lawsuit against NAR faces dismissal

A magistrate judge in U.S. District Court in West Palm Beach, Florida, is recommending that the court dismiss the Zea antitrust lawsuit filed against the National Association of Realtors (NAR) and several local Realtor associations and MLSs.  Filed in August, the lawsuit claims that the defendants engaged in a “coordinated scheme” to restrict consumer choice…

Former Fannie Mae CEO Hugh Frater joins Better board

Better Home & Finance Holding Co. announced Wednesday that it has appointed Hugh Frater, a founding partner of BlackRock and former CEO of Fannie Mae, to its board of directors as the company leans further into its Tinman AI mortgage platform. Frater, whose role became effective March 23, brings experience spanning mortgage-backed securities (MBS), agency…

TransUnion launches tool to bolster Realtor safety, fight fraud

As real estate professionals face growing threats from title fraud and in-person safety risks, TransUnion is introducing a mobile solution that consolidates tools for verifying identities and checking criminal backgrounds. TruLookup for Real Estate allows agents to validate property ownership, conduct personal safety checks using a phone number and generate prospecting lists — all within…

States push back on buyer agreements as new laws challenge NAR rules

Mississippi has joined Alabama in creating a law that states that buyers agents and brokers are not required to obtain a signed buyer agency agreement prior to touring a property with a prospective buyer.  Earlier this month, Mississippi Governor Tate Reeves signed Senate Bill 2713 into law. Under the new law, buyers and sellers may…