HUD sues Property I.D., brokers over kickbacks 

A California company that produces natural hazard disclosure reports -- and the real estate brokers it shared profits with -- broke the law by creating sham companies to funnel illegal kickbacks, a lawsuit by federal regulators alleges.

The company, Property I.D., is accused of forming sham affiliated businesses with Realogy Corp., Coldwell Banker Residential Brokerage Corp., and two other brokers doing business as Prudential California Realty.

The lawsuit, filed by federal prosecutors in U.S.

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