Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. After defeat in Zillow injunction, Compass wants judge to distinguish MLS power In two major legal battles over private listings, Compass is seemingly seeking to draw a distinction between listing service market power…
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…
A new consumer class-action lawsuit was filed against Rocket Companies on Jan. 26 in the U.S. District Court for the Eastern District of Michigan. According to a press release announcing the action, the Michigan-based lending conglomerate is accused of forcing agents to steer clients toward using Rocket Mortgage. This move, according to attorneys at Hagens…
A recent academic study analyzing Zillow Home Loans (ZHL)—funded by the portal’s rival, CoStar—offers a new analysis of how Zillow’s policies and practices allegedly affect consumers, on the heels of a class-action lawsuit claiming the company is violating antitrust laws through mortgage referrals. The aforementioned lawsuit put Zillow in the hot seat by alleging the…