Lawsuit

Will federal AI regulations override state housing efforts?

President Donald Trump’s new executive order that creates a single federal framework for artificial intelligence (AI) is reverberating throughout the housing industry. While states have been moving to regulate AI tools used in home pricing, marketing, tenant screening and mortgage decisions, the new order asserts federal authority over AI regulation. The Department of Justice (DOJ) […]

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Supreme Court denies REX’s request to rehear petition

The Supreme Court will not be taking up Real Estate Exchange (REX)’s appeal of a Ninth Circuit Court of Appeals ruling in REX’s long-running antitrust suit against the National Association of Realtors (NAR) and Zillow. The nation’s highest court denied REX’s rehearing request in a ruling on Monday. No reason was given for its refusal.

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Sweeney amends lawsuit against AIME, names UWM

The legal skirmish between Katie Sweeney and the Association of Independent Mortgage Experts (AIME) is continuing to develop with a first amended complaint that officially names United Wholesale Mortgage, AIME’s main sponsor, and Sarah DeCiantis, UWM’s executive vice president and chief marketing officer, as defendants. Sweeney previously filed a motion on Oct. 28 in the

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YIMBY group sues Newsom over SB 9 pause in L.A. wildfire zones

California Gov. Gavin Newsom gave the state’s “yes-in-my-backyard” coalition celebrated wins this year on housing legislation. Those same pro-housing activists have now sued him over an August executive order that exempts fire-ravaged areas in Los Angeles from a 2021 state law — Senate Bill 9 — that paved the way for higher density on single-family

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CrossCountry challenges court order in Gallo case

CrossCountry Mortgage (CCM) filed a motion last week as it seeks to intervene in the criminal case against former loan officer Christopher Gallo, and to vacate a November court order that blocked the company’s arbitration claim against the former employee. National Mortgage News first reported the legal action. According to the Dec. 3 filing, the

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Greystar reaches $7M settlement in rent-setting lawsuit

A $7 million settlement agreement with Greystar Management Services was announced by California Attorney General Rob Bonta — part of a coalition of nine state attorneys general pursuing antitrust claims tied to RealPage software. The settlement requires Greystar to stop using software that employs competitively sensitive information to align rents and to cooperate in the

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Alexander brothers bid to toss sex-trafficking charges denied

A federal judge has rejected an effort by luxury brokers Tal and Oren Alexander and their brother, security executive Alon Alexander, to dismiss sex-trafficking charges — clearing the way for their January trial. U.S. District Judge Valerie Caproni allowed the case to proceed, tossing only one count involving “Victim 5” because it fell outside the

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Hometap continues to fight ‘illegal reverse mortgage’ lawsuit in Massachusetts

A lawsuit filed earlier this year by the state of Massachusetts against home equity investment (HEI) provider Hometap is being allowed to proceed after a ruling in August by a Suffolk County Superior Court judge. And the parties made new filings in court last week as they attempt to convince the court of the merits

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Real Brokerage settles lawsuit with former CFO Michelle Ressler

The Real Brokerage and its former chief financial officer Michelle Ressler have reached a settlement agreement in the lawsuit Ressler filed in early June 2025.  Filed in the U.S. District Court for the Southern District of New York, the lawsuit claims that Real orchestrated Ressler’s termination under false pretenses and replaced her with a less

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Optimal Blue comes out swinging on price-fixing lawsuit

Optimal Blue has responded to a class action lawsuit filed against it and 26 mortgage lenders, calling the claims “baseless” and “frivolous” and vowing to fight the lawsuit “all the way through.” “Optimal Blue is aware of the complaint filed against it, Black Knight, Inc., and many of the largest mortgage lenders, alleging a purported

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