Above, United Real Estate CEO Dan Duffy at RISMedia’s CEO & Leadership Exchange. Photo by AJ Canaria. WASHINGTON, D.C.—United Real Estate’s outspoken CEO Dan Duffy, in a keynote address kicking off RISMedia’s 38th Annual CEO & Leadership Exchange, offered some pointed criticism of NAR and its progress executing a turnaround from the commission lawsuit saga,…
Accusing the mega-brokerage of conducting a scorched earth—and illegal—pressure campaign, California-based CRMLS said it has rejected a Compass “demand” that it alter rules around public marketing, and is preparing its own legal and public response to what it characterizes as self-serving and cynical moves to consolidate market share. CRMLS General Counsel Ed Zorn, in a…
Zillow has encountered a roadblock in its effort to dismiss a class action lawsuit alleging steering in regards to the portal’s Premier agent programs and its Home Loans business. The portal filed a motion to dismiss the suit back in June, claiming that the plaintiffs “fail” to plausibly argue their claims of state and federal…
Home-price growth looks to be continuing to decelerate into the housing market’s fall slowdown, according to a new report from Redfin. Redfin’s latest Home Price Index (RHPI) data saw home prices rise 0.25% month-over-month in August, down from the 0.26% growth seen in July and the 0.27% growth in June. This trend tracks with what…
Above, U.S. Senator Jeff Merkley As interest rates rise and homeownership becomes increasingly out of reach for many, policymakers continue to search for ways to address the affordability crisis. In the latest legislative action aimed at housing affordability, U.S. Senator Jeff Merkley (D-OR) and cosponsor Sen. Ron Wyden (D-OR) introduced an initiative that could provide…
Compass International Holdings recently sent multiple MLSs a letter requesting that they exclude Compass listing and agent data from feeds provided to recruiting software vendors, as the mega-brokerage continues to lobby for significant changes to MLS policies. In the letter, Compass expressed issues with MLS data supplied to vendors including Courted, BrokerMetrics and Brokerkit, noting…
In a construction industry already facing numerous challenges, the National Association of Home Builders (NAHB) has released a critical statement on the current federal immigration crackdown due to its reportedly negative effect on the industry’s labor force. Off the bat, NAHB noted members of the trade organization have reported that “increased immigration enforcement and jobsite…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow moves to permanently dismiss mortgage steering lawsuit Zillow has filed a motion to dismiss the consumer lawsuit alleging the portal of steering customers to its mortgage business. The lawsuit—known as Armstrong, but…
A federal securities class-action lawsuit has been filed against national online mortgage lender Better Home & Finance (commonly known as Better), its controversial founder and former CEO Vishal Garg, and its current CFO Loveen Advani. The suit alleges that Better violated federal securities laws by knowingly misleading investors about the company’s potential monthly loan volume…
Editor’s Note: The Mortgage Mix is RISMedia’s highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. The numbers: Mortgage rates peaked to a new high this week, climbing back up to the 7% range for the first time in 2026 and hitting their “highest level since May 2024,” as noted by…
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