The Consumer Financial Protection Bureau will not take legal action against Zillow Group over potential kickbacks in its co-marketing program, the Seattle-based listings giant said Monday. The consumer watchdog, which opened an investigation in 2015, ended its probe of a program that lets agents and lenders share marketing costs. The CFPB had been looking at allegations that the program violated the Real Estate Settlement Procedures Act (RESPA), which prohibits business referrals in exchange for […]
source https://therealdeal.com/2018/06/25/consumer-watchdog-rules-out-legal-action-of-zillow-ad-program/
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