Housing Mortgages Information

NAR and DOJ Reach 10-Year Settlement of MLS Anti-Trust Suit

The U.S. Department of Justice (DOJ) announced on Tuesday that it had reached a proposed settlement with the National Association of Realtors (NAR) to end a long-simmering dispute over the use of multiple listings on the Internet.

The basis of the dispute and an eventual anti-trust lawsuit against NAR filed in 2005 was what DOJ called "policies and related rules that obstructed real estate brokers who use innovative Internet-based tools to offer..