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more#mortgage-steering
fromwww.housingwire.com
1 month ago

Are Zillow Flex agents required to send buyers to Zillow Home Loans?

According to the report, agents, many of whom were former Zillow Flex agents, told The Capitol Forum that Zillow requires Flex agents to steer homebuyers to use Zillow Home Loans (ZHL) for their financing needs. Agents involved in Zillow Flex pay a percentage of their commission typically between 25% and 40% once the transaction closes. This enables teams and top agents to receive a stream of leads at no upfront cost.
Real estate
Law
fromwww.housingwire.com
1 month ago

Judge narrows class-action lawsuit against UWM

Judge McMillion dismissed all RICO claims and most RESPA claims, finding plaintiffs failed to show proximate cause for alleged injuries, with limited surviving state claims.
Remodel
fromwww.housingwire.com
5 months ago

CFPB to review mortgage servicing, loan officer comp rules

CFPB is considering changes to loan originator compensation and mortgage servicing rules under TILA and RESPA, causing uncertainty in the mortgage industry.
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