There is some additional news and a bit of a sidebar to the story about the 60 Minutes feature on Redfin a week or so ago and the strong reaction of the National Association of Realtors to that story. The run-up can be read here . First the sidebar. This really has nothing to do with the CBS story (well...
A few months ago we reported on testimony given before a subcommittee of the House Financial Services Committee, largely targeting the National Association of Realtors for what was termed anti-competitive activities. Detractors - and they outnumbered supporters, charged that real estate brokerage is...
After a parade of seven witnesses (plus Full Committee Chair Michael Oxley) who appeared before the House Banking Subcommittee on Housing and Community Opportunity to testify about alleged limitations on competition from Internet competitors by the National Association of Realtors' and its affiliated...
Remember our old friend Michael G. Oxley? The Republican Congressman from Ohio is chairman of the House Committee on Financial Services and has been, along with ranking Democratic member Barney Franks of Massachusetts, investigating allegations of restraint of trade and unfair competitive practices ...
This space generally reports on what is going on in the real estate and mortgage industry; rates, suggestions on buying or selling, news about Fannie Mae, Freddie Mac, or what is happening in building, the law, and so forth. Most of the time we try to do so objectively. Well stand by for a little attitude...