Housing Wire

SEPTEMBER 28, 2023

After nearly 10 days of trial proceedings, Zillow is ready for its years-long legal battle with REX Real Estate to be over. A judgement as a matter of the law is permissible if there is no legally sufficient basis for a reasonable jury to find for the nonmoving party (in this instance, REX) on that issue.

Advertising 406

Advertising Legal Law Real Estate 406

Housing Wire

FEBRUARY 6, 2024

REX Real Estate is back again trying to get a new trial in its false advertising lawsuit against Zillow. In January 2022, NAR filed a countersuit claiming that REX uses false advertising and misleading claims to deceive consumers in violation of the Lanham Act, but the countersuit was dismissed in late April 2022.

Advertising 390

Advertising Real Estate Brokerage Agents 390

Housing Wire

AUGUST 17, 2023

Though the National Association of Realtors is not out of the legal woods yet, the trade group does have reason to celebrate. In January 2022, NAR filed a countersuit claiming that REX uses false advertising and misleading claims to deceive consumers in violation of the Lanham Act, but the countersuit was dismissed in late April 2022.

Advertising 359

Advertising Legal Brokerage Realtors 359

Housing Wire

FEBRUARY 27, 2023

The CFPB issued the initial agency order against RMK for, among other things, sending advertisements to military families that led the recipients to believe the company was affiliated with the U.S. government. The CFPB ordered RMF at that time to end its illegal and deceptive practices and pay a civil penalty of $250,000.

Lending 371

Lending Advertising Mortgage Government 371

Housing Wire

FEBRUARY 15, 2024

The legal battle follows the creation of a Facebook group called “Rocket Pro TPO vs UWM,” which UWM says Walker founded on Oct. Per the lawsuit, the group “blatantly” displays UWM’s trademark, but Walker advertises the goods and services of his company and apparent partner, Rocket Pro TPO. UWM filed a lawsuit in a U.S.

Mortgage 320

Mortgage Legal Advertising Loan Officers 320

Housing Wire

JULY 9, 2024

CoStar Group is withdrawing two of its Homes.com advertising campaigns after two Fast-Track SWIFT rulings from the Better Business Bureau’s (BBB) National Programs National Advertising Division. Fast-Track SWIFT is an expedited process for single-issue advertising cases brought to the National Advertising Division (NAD).

Advertising 306

Advertising Real Estate Tools Agents 306

Housing Wire

JUNE 24, 2024

It appears the commission lawsuits are not the only legal action in the real estate industry that’s currently of interest to the Department of Justice. The district court applied an incomplete legal framework in evaluating whether REX had presented a genuine dispute of material fact on concerted action in this case,” the filing states.

Advertising 322

Advertising Legal Real Estate Brokerage 322

Housing Wire

MARCH 25, 2024

Cooperative compensation is still legal,” Papasan stressed. From there, the executives went on to address questions of where and how agents could advertise offers of cooperative compensation. There is simply a new NAR rule that applies to all NAR member and NAR MLSs that does not allow cooperative compensation to be offered on the MLS.”

Agents 414

Agents Advertising Real Estate Sellers 414

Housing Wire

DECEMBER 30, 2020

Daniel Francis, deputy director of the FTC’s Bureau of Competition, defended the antitrust lawsuit, stating that CoStar and RentPath’s rivalry kept advertising rates on their platform low for customers. apartment buildings with 100 to 199 units, advertise on internet listing services operated by either CoStar, or RentPath, or both.

Advertising 311

Advertising Real Estate Tools Property Management 311

Housing Wire

SEPTEMBER 30, 2024

Two of the top five lenders in the reverse mortgage industry are now engaged in a legal skirmish over marketing practices that one lender calls deceptive. On its website , the FTC says that under the law, “claims in advertisements must be truthful, cannot be deceptive or unfair, and must be evidence-based.

Mortgage 379

Mortgage Marketing Advertising Tools 379

Housing Wire

APRIL 4, 2023

Steve Simpson, a senior attorney at Pacific Legal Foundation who represents Townstone and Sturner, wrote to HousingWire, “We look forward to the opportunity to establish on appeal that CFPB went far beyond its statutory authority in the Townstone case.” .” The CFPB, which is seeking the review of the case in the U.S.

Advertising 347

Advertising Legal Retail Lending 347

Housing Wire

AUGUST 6, 2021

The company also agreed to pay $185,000 to cover the department’s legal and investigative costs. The marketing representative was identified as Eugene Bleecker, now a former First American employee, who was providing said benefits to his Los Angeles-based group Advisory Group Real Estate Network.

Agents 459

Agents Real Estate Agent Insurance Real Estate 459

Housing Wire

MAY 3, 2021

REX replied to the legal filing in a company statement Monday. Zillow filed court papers Friday to dismiss an anti-trust lawsuit from REX on how it displays home-listings, litigation that challenges Zillow’s recent transformation as a company. Zillow and NAR can’t continue to stifle consumer choice,” the statement read.

Brokerage 397

Brokerage Agents Advertising Legal 397

Housing Wire

JULY 30, 2021

As reverse mortgage loan officers aim to expand their repertoire of advertising methodologies, the use of an advertorial can be powerful but also comes with some caveats that any reverse mortgage loan officer should keep in mind prior to engaging in such advertising campaigns.

Mortgage 399

Mortgage Loan Officers Advertising Clients 399

Housing Wire

OCTOBER 25, 2024

Legal details The case, originally brought in Washington state court, is now playing out in federal court. The initial legal complaint alleges that Unison’s offering “meets nearly all of the criteria for a reverse mortgage loan and functions as a reverse mortgage,” which subjects it to Washington law that regulates these products.

Mortgage 419

Mortgage Law Legal Advertising 419

Housing Wire

AUGUST 7, 2023

Things are continuing to heat up in Zillow Group’s legal battle with discount brokerage REX Homes , as the September 18, 2023, trial date looms ever closer. However, Zilly felt that Zillow had not demonstrated that REX is unable to satisfy the test for commercial advertising or promotion. On Friday, Judge Thomas Zilly, the U.S.

Advertising 281

Advertising Law Brokerage Sellers 281

Housing Wire

AUGUST 30, 2023

million suit for breaching advertising placement agreements with digital and print publisher Meredith Operations Corporation. Digital mortgage lender Better Home & Finance faces a $1.86

Advertising 387

Advertising Finance Contracts Mortgage 387

Housing Wire

JULY 26, 2021

Solicitors are legally required when purchasing a home in Ireland.). They also had to pay for the brokerage sign outside their home, newspaper advertising, online ads and the brochures for potential buyers. Not to mention all the other financial, legal and community details real estate agents help consumers understand.

Real Estate Agent 397

Real Estate Agent Real Estate Sellers Legal 397

Housing Wire

DECEMBER 17, 2024

Despite having long ago settled the commission lawsuits , legal challenges continue to mount for real estate industry giant Anywhere. The lawsuit, which alleges claims of false advertising, was filed in a U.S. district court in Minnesota by plaintiffs Michael and Lauren Campoli.

Realty 320

Realty Real Estate Advertising Agents 320

Housing Wire

NOVEMBER 1, 2023

While much of the call was given over to discussion of the Sitzer/Burnett suit, to which Zillow is not a party, none of the call featured discussions of the REX Real Estate false advertising lawsuit, in which Zillow, the only defendant, emerged triumphantly less than a month ago.

Real Estate 455

Real Estate Advertising Agents Realtors 455

Housing Wire

APRIL 23, 2024

During CoStar’s earnings call on Tuesday, Florance insisted that consumers and advertisers prefer a real estate portal with digital twins. “We With recent legal settlements in the real estate industry, we believe that the portals that rely on the lead diversion model could become stressed,’ Florance said.“We

Real Estate 321

Real Estate Advertising Legal Brokerage 321

Housing Wire

JULY 30, 2024

Nesthook worked tirelessly with legal experts on the website’s design and content so that it adheres strictly to the guidelines outlined in the settlement, providing agents with a safe and secure platform to disclose and search commission rates,” the page states. ’” he said.

Buyers 440

Buyers Realtors Agents Sellers 440

Housing Wire

JULY 30, 2024

Discussions of seller concessions have instead been moved to the MLSA, which has been modified to allow sellers to indicate if they do or do not authorize their listing broker to advertise in the MLS that they are willing to consider offers asking for concessions.

Sellers 406

Sellers Advertising Realtors Agents 406

Housing Wire

JANUARY 15, 2025

1 position on the reverse mortgage industry leaderboard for Home Equity Conversion Mortgage (HECM) endorsements in 2024, has responded to a September legal complaint by competitor Longbridge Financial. Mutual of Omaha Mortgage , which rose to the No. Anonymous complaints to Google, Mutual says, constitute intentional interference.

Advertising 286

Advertising Law Mortgage Business 286

Housing Wire

SEPTEMBER 23, 2024

Yet, referral fees between agents remain legal and largely concealed from consumers. Inflated referral fees contribute to escalating advertising costs, making it harder for agents to connect directly with clients. Violating this law can lead to severe penalties, including license suspension and fines.

Real Estate 389

Real Estate Agents Clients Advertising 389

Housing Wire

JULY 1, 2024

“Defendant programmed such third-party tracking technology into its website for advertising purposes and to increase its profits,” the complaints add.

Advertising 351

Advertising Technology Law Modernization 351

Housing Wire

SEPTEMBER 23, 2024

I’ve been in the consumer marketing space my whole career — mostly in financial services, starting at Capital One — but also a bit in other areas like legal services,” Lenoir said. “I Marketing isn’t just about advertising — it’s about delivering on the promise to consumers and building momentum from there.

Marketing 381

Marketing Retail Advertising Loan Officers 381

Housing Wire

JANUARY 22, 2021

Yu most recently served as CTO at Comcast for its Advanced Advertising Group, and prior to that, she co-founded and served as CTO at FreeWheel. Better.com appointed Diane Yu as its new chief technology officer where she will lead engineering and technical strategy. Have a hiring announcement you want to share?

Advertising 253

Advertising Real Estate Legal Technology 253

Appraisal Buzz

NOVEMBER 14, 2024

It’s part of the CFPB’s efforts to finally activate Section 1033 of the Consumer Financial Protection Act, a dormant legal authority enacted by Congress in 2010. This rule moves the United States closer to having a competitive, safe, secure, and reliable “open banking” system.

Advertising 411

Advertising Legal Development Marketing 411

Housing Wire

MARCH 15, 2024

Cooperative compensation lives to see another day Under the terms of the settlement agreement, while sellers and their listing agents cannot advertise the commission they are choosing to offer the buyer’s agent on the MLS, it can still be part of negotiations between the buyer and the seller facilitated by their respective agents.

Agents 459

Agents Brokerage Advertising Real Estate 459

Housing Wire

OCTOBER 29, 2024

According to Wang, sellers who have also been buyers in recent years — barring them from filing claims against the settling parties as buyers if they are part of the settlement class — would be better off if they could bring claims under state consumer protection statutes or false advertising statutes. “In

Sellers 426

Sellers Brokerage Real Estate Legal 426

Housing Wire

DECEMBER 11, 2023

According to the attorney general’s office, their investigation found that “EasyKnock targeted consumers with online advertisements that used loan-like language and failed to adequately disclose that the company’s products require the consumer to sell their home to EasyKnock.”

Tenants 317

Tenants Landlords Law Advertising 317

Housing Wire

SEPTEMBER 11, 2023

Meanwhile, it advertised to renters that RENTmaximizer was giving them “complete visibility” into the market, and provided them with “property performance benchmarking,”the lawsuit stated. Yardi marketed its tools to rental companies as a method to “beat the market” and maximize profits.

Landlords 389

Landlords Property Management Advertising Law 389

Housing Wire

NOVEMBER 16, 2023

The firm’s website advertises that it specializes in personal injury lawsuits. It’s not good,” Mike Ruggio, a partner at Taylor English Duma LLP and an antitrust law professor at Pittsburgh Law School, said.

Law 417

Law Brokerage Advertising Real Estate 417

Housing Wire

SEPTEMBER 6, 2024

We have been expecting increased consumer engagement on the commissions front given how widespread/high profile the industry’s legal battles have been thus far, but we were surprised to see that it has already reached above the halfway mark,” the report stated.

Agents 373

Agents Real Estate Agent Brokerage Realty 373

Housing Wire

SEPTEMBER 17, 2024

“Everyone is adapting and coming up with business models and trying to settle in, and I think we are going to know a lot more about how this is going to really work a year from now,” said Matt Johnson, NHAR’s legal counsel. “So, So, for now, I would caution patience.”

Agents 410

Agents Sellers Buyers Realtors 410

Housing Wire

JUNE 17, 2024

Realtor.com is extending the reach of its buyer representation advertising campaign, according to an announcement on Monday.

Real Estate 407

Real Estate Buyers Advertising Agents 407