Financials Friday: Homebuyers File Appeal to Maximize Their Class-Action Suit against NAR; DOJ to Weigh in on REX v. Zillow; CFPB Establishes Registry of Nonbanks That Violate Consumer Laws, Process to Recognize Data-Sharing Standards; 5th Circuit Strikes Down SEC’s Hedge Fund Fee Disclosure Rule

Published on Jun 07, 2024

Burnett case will determine the scope of upcoming legal fight between brokerages and homebuyers. Appeals by rival plaintiff lawyers were expected in the landmark Burnett settlement, which will see the National Association of Realtors (NAR) and major brokerages pay hundreds of millions of dollars to home sellers and reform their practices around fixed agent fees. […]

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