Zillow is fighting back against the consolidated Taylor-Armstrong suit that accuses the home search giant of running a fraudulent scheme to steer homebuyers toward its own mortgage product. The listing giant filed a motion to dismiss the consolidated case on Feb. 20 in the U.S. District Court for the Western District of Washington in Seattle.…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. U.S. Veterans sue Veterans United Home Loans, alleging RESPA violations and steering A proposed class-action lawsuit, Peyton v. Veterans United Home Loans, has been filed in the Western District of Missouri against Veterans…
Economic data appears to be affirming that an interest rate is not coming for a few months as the Federal Reserve’s favorite inflation measure heated up despite a winter freeze, according to the latest data from the Bureau of Economic Analysis. The Personal Consumption Expenditures (PCE) price index increased 0.4% in December, putting annual inflation…
Through the challenges the iBuyer has endured, Opendoor remains positive in the face of it all. After announcing a big reboot in Q3, the company shared a happy sentiment of goal achievement in its recent Q4 and 2025 full year earnings report and investor call, despite its actual earnings having some mixed results. Back during…
RE/MAX Holdings, parent company of REMAX, on Feb. 19 announced mixed financial results for Q4 and year ended December 31, 2025, with revenue falling 1.8% year-over-year to $71.1 million. Despite the revenue dip and a 4.6% decline in U.S./Canada agent count, adjusted earnings per share (EPS) of $0.30 beat analyst estimates of $0.28. The company…
New-home sales picked up sharply in November and December, according to the latest release from the U.S. Census Bureau, in a somewhat surprising—and welcome—indicator that housing demand remains persistent against macro uncertainty. New-home sales were up 12.3% year-over-year in November and jumped 3.8% in December during what is normally a slower time for transactions. Single-family…
The first year of the Trump administration saw much back and forth as the President put in place various tariffs on U.S. imports, including goods imported from historical trading partners such as Canada and Mexico. Most of these tariffs have now been struck down—the Supreme Court, in a 6-3 decision, ruled that Trump does not…
When the Compass-Anywhere deal closed in early January with little fanfare—only three months after it was announced—there were at least some raised eyebrows. A deal of that magnitude often elicits significant regulatory scrutiny, with multiple federal agencies given a chance over the course of months to examine how a merger will affect markets or whether…
Three mortgage companies have been accused of violating the Real Estate Settlement Procedures Act (RESPA) in a new lawsuit filed in the Western District of Missouri. The newly filed Peyton v. Veterans United Home Loans takes aim at the mortgage company as well as Realty Search Solutions (aka Veterans United Realty) and the Mortgage Research…
At the January 2026 Federal Open Market Committee (FOMC) meeting, the voting body chose to leave interest rates unchanged. The Federal Reserve’s dual mandate of price stability and maximum employment have been at crossroads the past few months; inflation has trickled up, but the labor market shows signs of softness. At the January meeting, concerns…
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