Zillow wraps ShowingTime deal as feds continue FTC investigation
The $500M deal was first announced in February, and prompted a heated debate among ShowingTime users. Despite the deal closing, the FTC is reportedly still seeking information from the companies
by Jim Dalrymple II Oct 1
Opendoor and FTC still at odds over iBuyer's advertising
Regulator threatened 'enforcement action' related to allegedly 'inaccurate' or 'inadequately substantiated' advertising claims if settlement talks fail
by Andrea V. Brambila Sep 27
Redfin-owned RentPath names ParkMobile chief exec as new CEO
Jon Ziglar, formerly the CEO of ParkMobile, will lead the newly acquired RentPath's growth strategy, product expansion and listing integration into the Redfin platform
by Marian McPherson Jul 29
Dueling NAR and REX op-eds hint that DOJ will target commissions
National Association of Realtors: 'The Administration has publicly signaled a lack of understanding about the MLS system and the associated commission structure'
by Andrea V. Brambila Jul 22
3 ways Biden could change real estate
Real estate experts share how President Biden's latest executive order could impact real estate from licensing to noncompete agreements to antitrust lawsuits
by Marian McPherson Jul 19
Here's the timeline of the NAR-DOJ legal battle
The US Department of Justice just backed out of an antitrust settlement with the National Association of Realtors, suggesting more legal wrangling is on its way
by Jim Dalrymple II Jul 6
With new FTC chair, expect greater scrutiny on the real estate industry
Lina Khan's appointment at the Federal Trade Commission last week appears to indicate the Biden administration plans to take an aggressive approach to antitrust regulation
by Andrea V. Brambila Jun 29
FTC and CFPB to landlords: We'll hold you accountable to eviction ban
The joint letter issued to landlords entreated them to ensure that they and their debt collectors were fully complying with the FTC Act and the Fair Debt Collection Practices Act
CoStar to acquire listing site Homes.com
The $156 million purchase should help the company continue its push into the world of residential real estate
by Jim Dalrymple II Apr 14
CoStar strikes out on latest CoreLogic acquisition bid
CoreLogic board asks for more cash for shareholders and a shorter deal time to make up for CoStar's stock price volatility
CoStar revenue leaps to $1.7B, but profits take a hit
The company closed three acquisitions in 2020, and CEO Andrew Florance indicated during an earnings call that CoStar's buying spree is far from over
by Andrea V. Brambila Feb 24
Ascension settles with FTC over mortgage data mishap
A Texas-based mortgage data and analytics company wasn't keeping its eye on a vendor that exposed tens of thousands of mortgage holders' personal financial information.
by Craig C. Rowe Dec 17
AppFolio to pay $4.25M settlement to Federal Trade Commission
The governmental agency alleged that the company failed to properly verify the accuracy of tenant criminal and eviction history before including such information in reports
FTC sues CoStar to stop RentPath acquisition
The regulatory agency argued in a complaint that the move increases concentration in the rental listing space, eliminating the competition that drives advertising prices down
by Patrick Kearns Nov 30
FTC seeks to add 2 investors as defendants in real estate training scheme
Well-known real estate investors Dean Graziosi and Scott Yancey are suspected of promoting sham coaching and training seminars