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Home » Store » RESPA » Industry Seeks Guidance on Market Services Arrangements; Zillow Wins

Industry Seeks Guidance on Market Services Arrangements; Zillow Wins

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A recent court ruling that Zillow’s co-marketing program does not violate the Real Estate Settlement Procedures Act is helpful to the industry, but lenders still need guidance from the CFPB to confirm the standards set by previous rulings, said compliance attorneys. Richard Andreano, a partner at Ballad Spahr, told Inside the CFPB that it is positive for lenders that a federal judge dismissed a lawsuit challenging Zillow’s co-marketing program. The bureau itself ...
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