Housing Wire

JANUARY 27, 2025

The companies advertise no monthly payments and require consumers to assume all costs for property taxes, hazard insurance, and property maintenance, and require a large settlement payment, similar to the loans originated in the early 2000s that were negative amortizing and required a balloon payment at the end of the loan term, the report said.

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Contracts Mortgage Property Taxes Law 370

Housing Wire

AUGUST 21, 2023

Just days after awarding Zillow and National Association of Realtors (NAR) a major victory in their legal battle against REX Real Estate , the court made it clear that Zillow’s fight is far from over. A federal court judge concluded on Friday that in regard to REX’s false advertising claims against Zillow, the firm has proven “falsity.”

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Housing Wire

JULY 30, 2024

Things are ramping up in the legal battle between Move Inc. the parent company of Realtor.com ), CoStar Group (the parent of Realtor.com rival Homes.com ), and James Kaminsky, a former Realtor.com employee who now works for Homes.com. Kaminsky said he was informed he was part of round of layoffs at Move on Jan. 10, 2024, and that Jan.

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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.

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Advertising Legal Development Marketing 411

Housing Wire

FEBRUARY 14, 2025

But he allowed the discount brokerages false advertising claim under the Lanham Act , along with a claim for unfair or deceptive trade practices under the state of Washingtons Consumer Protection Act, to stand. I think Rex would have a stronger case if it was 99.9%, said Chris Michel, NARs legal counsel at the hearing.

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Advertising Legal Brokerage Design 261

Housing Wire

AUGUST 9, 2024

Co-hosts James Dwiggins and Keith Robinson urge agents to stop sharing commissions and discuss ways that listing agents can put their seller’s needs first while avoiding legal trouble and creating an excellent experience for their clients in an uncertain market. Dwiggins ties his example into real estate with a pointed statement. “I

Real Estate 448

Real Estate Advertising Legal Agents 448

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).

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Advertising Real Estate Tools Agents 411

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.

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Mortgage Legal Advertising Loan Officers 420

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.

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Advertising Legal Law Real Estate 435

Housing Wire

AUGUST 5, 2024

While brokers across the country agree that they and their agents will no longer be advertising an offer of buyer broker compensation for any listing on the MLS, that is where the similarities end, as it seems each broker is taking a slightly different tact. Dwiggins said.

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Sellers Buyers Agents Advertising 468

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.

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Advertising Legal Real Estate Brokerage 396

Housing Wire

OCTOBER 31, 2024

Listing agents are only advertising their seller’s offer of buyer broker compensation if the seller instructs them to do so. In addition to challenges posed by untrained agents, Dwiggins said the industry has also had to adapt to agents and brokerages that do things a little differently from each other.

Real Estate 448

Real Estate Brokerage Agents Training 448

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 448

Advertising Real Estate Brokerage Agents 448

Housing Wire

DECEMBER 27, 2024

Marketing specialists: Marketing specialists handle the teams branding and advertising efforts. You may even want to run it by an attorney to ensure it is a fair and legal agreement. They create content, manage the teams social media, and design marketing campaigns to attract leads. Take your time and review the document thoroughly.

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Real Estate Tools Agents Real Estate Agent 418

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.

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Advertising Legal Brokerage Realtors 370

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.

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Lending Advertising Mortgage Law 397

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 458

Mortgage Marketing Advertising Tools 458

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 368

Advertising Law Brokerage Sellers 368

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.

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Advertising Legal Retail Lending 418

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.

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Advertising Real Estate Tools Property Management 360

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 426

Real Estate Advertising Legal Brokerage 426

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.”

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Agents Advertising Real Estate Sellers 468

Housing Wire

FEBRUARY 18, 2025

The company also requires clients to seek out independent legal advice to ensure full comprehension of the products requirements, aiming to fulfill a similar function to the stateside counseling requirement. Heartland complies with these guidelines, they explained. counterpart.

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Contracts Advertising Real Estate Agent Mortgage 240

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 435

Mortgage Loan Officers Advertising Clients 435

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.”

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Tenants Landlords Law Advertising 422

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 487

Real Estate Agents Clients Advertising 487

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.

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Mortgage Law Legal Advertising 448

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.

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Advertising Technology Law Modernization 434

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.

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Agents Real Estate Agent Insurance Real Estate 459

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

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Advertising Finance Contracts Mortgage 418

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.

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Brokerage Agents Advertising Legal 397

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?

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Advertising Real Estate Legal Technology 302

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.

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Sellers Advertising Realtors Agents 459

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.

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Marketing Retail Advertising Loan Officers 448

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 482

Real Estate Advertising Agents Realtors 482

Housing Wire

DECEMBER 2, 2024

The legal industry understands that they can make a lot of money because of the nature of real estate. On our advertising platform, an agent can create a fully optimized ad that goes out to Meta , Instagram , Google or Bing. Cofano: There’s some good things about it and there’s some questionable things.

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Real Estate Brokerage Advertising Agents 348

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.

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Buyers Realtors Agents Sellers 459