Entries Tagged as 'ftc'
March 21st, 2008 · Comments Off
The U.S. Federal Trade Commission has finalized the settlement of an antitrust complaint against Multiple Listing Service Inc., a Realtor-operated multiple listing service based in Wauwatosa, Wis., despite objections by the National Association of Realtors trade group. more…
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Tags: Industry News · Inman Real Estate · MLS · Real estate brokerage · antitrust · ftc · glenn roberts jr. · laurie janik · listings · realtor · wauwatosa · wisconsin
March 14th, 2008 · Comments Off
Seniors currently hold $4.3 trillion in home equity. Sadly, many of them are unable to access this resource without selling their homes or obtaining an expensive reverse mortgage. Today there’s a new model for helping seniors tap into their equity that may become a widespread alternative in the not-too-distant future.
Until now, if you were over the age of 65, there were few alternatives for using the equity from your home. You could refinance, but you had to qualify, pay points and fees, and make monthly payments. more…
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Tags: Agent advice · Industry News · Inman Real Estate · bernice ross · commission · equity share · ftc · home equity · reverse mortgage
March 13th, 2008 · Comments Off
Lawyers for the U.S. Federal Trade Commission, in a legal filing this week, asked the commission to reverse a December decision by an administrative law judge that vindicated a Michigan MLS from antitrust charges.
A commission hearing is scheduled for April 1 in Washington, D.C., to consider the appeal by federal antitrust officials. more…
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Tags: Industry News · Inman Real Estate · NAR · Real estate brokerage · anticompetitive · exclusing agency · ftc · glenn roberts · lawyers · realcomp