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CFPB Still Pushes Zillow To Settle RESPA Claims; Real Estate Agent Business Remains Steady

Thursday, November 9, 2017   (0 Comments)
Posted by: Rae Brevard
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By: Brena Swanson

 

After first revealing the news earlier this year, Zillow still hasn’t come to an agreement with the Consumer Financial Protection Bureau over possible violations of the Real Estate Settlement Procedures Act (RESPA).

 

During the company’s third-quarter earnings call, it said it continues to have ongoing discussion with the bureau related to a possible settlement concerning their investigation.

However, Kathleen Philips, Zillow chief financial officer, said in her prepared remarks that they have not yet come to a mutually agreeable settlement. [more]



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