• 0
  • Home
  • About Us
  • What We Do
  • Register

Shopping Cart

GPAM
  • Home
  • About Us
  • What We Do
  • Register

DOJ demands CoreLogic hand over MLS data amid antitrust concerns

CoreLogic CEO Frank Martell (Credit: iStock)

CoreLogic CEO Frank Martell (Credit: iStock)

The U.S. Justice Department is demanding multiple listings service vendor CoreLogic hand over data, as scrutiny intensifies over antitrust claims in the sector.

CoreLogic, a financial services and analytics firm, notified clients of the request this week, according to Inman. The company stated that the Justice Department had asked for MLS data relating to buyer broker commissions and its policy language around the appropriate handling of the data. Other vendors have also received similar requests, the outlet reported, citing a blog by 7DS Associates.

The goal of the inquiry was not immediately clear, but it follows a class action lawsuit filed against the National Association of Realtors, accusing it of conspiring with the country’s largest brokerages to determine buyer agents’ compensation. The suit, led by multiple home sellers, named Realogy, HomeServices of America, RE/MAX and Keller Williams as co-defendants.

Earlier this month, CoreLogic was targeted in a lawsuit brought by the Austin Board of Realtors in Texas, which accused the firm of selling home sale data to a local appraisal organization. [Inman] — David Jeans

 

Powered by WPeMatico

  • 22 May 2019
  • The Real Deal
  • Uncategorized
  •  Like
Tishman in talks to buy Northwood’s stake in Facebook, Yahoo-leased office portfolio →← LA County is short half a million affordable units: report
  • Recent Posts

    • Griffin Living sells Simi Valley shopping center for $22M February 4, 2023
    • Layoffs hit The Agency February 4, 2023
    • Simon seeks to redevelop former Sears site at Brea Mall February 3, 2023
    • Mansion tax anxiety? Luxe home listings surge in January February 3, 2023
    • TV host James Corden lists Brentwood estate for $22M February 3, 2023
  • Recent Comments

    • Archives

      • February 2023
      • January 2023
      • December 2022
      • November 2022
      • October 2022
      • September 2022
      • August 2022
      • July 2022
      • June 2022
      • May 2022
      • April 2022
      • March 2022
      • February 2022
      • January 2022
      • December 2021
      • November 2021
      • October 2021
      • September 2021
      • August 2021
      • July 2021
      • June 2021
      • May 2021
      • April 2021
      • March 2021
      • February 2021
      • January 2021
      • December 2020
      • November 2020
      • October 2020
      • September 2020
      • August 2020
      • July 2020
      • June 2020
      • May 2020
      • April 2020
      • March 2020
      • February 2020
      • January 2020
      • December 2019
      • November 2019
      • October 2019
      • September 2019
      • August 2019
      • July 2019
      • June 2019
      • May 2019
      • April 2019
      • March 2019
      • February 2019
      • January 2019
      • December 2018
      • November 2018
      • October 2018
      • September 2018
      • August 2018
      • July 2018
      • June 2018
      • May 2018
      • April 2018
      • March 2018
      • February 2018
      • January 2018
      • December 2017
    • Global Property and Asset Mangement, Inc.
      3550 Wilshire Blvd, # 1064
      Los Angeles, California 90010
      +1 213-427-1127

    © 2023 GPAM