Redfin finalizes $608M RentPath acquisition earlier than expected
Redfin has acquired RentPath nearly 2 months after CoStar Group paid RentPath a $52 million break fee for a failed acquisition in 2020
by Marian McPherson Apr 5
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
NAR, MLSs seek to avoid disclosing competition documents in pocket listing suit
The PLS wants info on Upstream, the DANGER Report, the Clear Cooperation Policy and antitrust inquiries from the DOJ or FTC. Realtors say producing these documents would impose 'substantial burdens' on them
CoStar headed to court following failed acquisition of RentPath
RentPath petitioned a bankruptcy court in Delaware to expedite payment of a $60M breakup fee. The letter demanded payment within 2 days from the Dec. 29 filing
by Patrick Kearns Jan 6
CoStar Group buys houses.com URL
The company, which has signaled a move into residential real estate in recent months, plans to develop a national marketplace for agents
by Patrick Kearns Jan 5
CoStar, RentPath end acquisition deal following FTC lawsuit
RentPath will instead restructure its operations and renew its focus on 'delivering value' through its search platforms, Rent.com and ApartmentGuide.com, the company said
by Patrick Kearns Dec 30
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
Opendoor filing reveals FTC investigation over advertising
The S-4 filing with the SEC also gives a deep insight into Opendoor's revenue and losses through the first six months of 2019
by Patrick Kearns Oct 5
CoreLogic is fending off acquisition attempts from two investment firms
The two firms argued they could boost CoreLogic's performance. CoreLogic said they undervalued the company, and the ensuing disagreement has turned into a bitter month-long battle
by Jim Dalrymple II Jul 21
Don't become phishing bait! Use these 5 tips to stay safe
It can happen to the best of us. I know because it happened to me
by Troy Palmquist Feb 27
Mortgage broker fined $120K for revealing credit histories on Yelp
The FTC says Mount Diablo Lending and its owner responded to negative reviews by posting consumer's credit history, debt-to-income ratio and other personal information
by Patrick Kearns Jan 8
Court rules in favor of FTC in mortgage relief scheme
The FTC originally halted the operations of 13 companies accused of falsely promising consumers it could help them stave off foreclosure
by Patrick Kearns Dec 30
HGTV stars named in FTC probe into 'bogus' home-flipping seminar
The complaint claims Zurixx mislead consumers into believing they’d receive free advice from stars such as Tarek El Moussa and Christina Anstead from 'Flip or Flop'
by Marian McPherson Oct 9
Fidelity National drops massive acquisition bid amid opposition
Fidelity's attempt to buy Stewart Information Services fell apart after the Federal Trade Commission said it would oppose the deal
by Jim Dalrymple II Sep 10