Realogy and PHH move to dismiss RESPA class action lawsuit

  • Realogy and PHH face a lawsuit that alleges they violated the Real Estate Settlement Procedures Act (RESPA) by operating a "sham" affiliated business arrangement.
  • In their motion to dismiss, filed Feb. 5, the companies argued that the plaintiffs’ claims are time-barred by RESPA’s one-year statute of limitations.
  • The plaintiffs asked the court to suspend that deadline by 10 years -- specifically, to Jan. 31, 2005, the date that Realogy and PHH entered into their Strategic Relationship Agreement.

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

The plaintiffs have asked the court to suspend the statute of limitations deadline by 10 years — specifically, to Jan. 31, 2005, the date that Realogy and PHH entered into their Strategic Relationship Agreement.