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Zillow Admits It’s In Hot Water With Regulators Over Lender Advertising

Zillow Admits It’s In Hot Water With Regulators Over Lender Advertising

7 years ago
Anonymous $Gu9VYqcl-R

https://consumerist.com/2017/08/17/zillow-admits-its-in-hot-water-with-regulators-over-lender-advertising/

Real estate listings site Zillow — home of the controversial “Zestimate” — is in the regulatory hot seat over an advertising program for mortgage lenders that may violate federal anti-kickback law.

Realtors pay to post properties on Zillow, but the website also has a “co-marketing” program that lets lenders offset some of that expense by advertising on Zillow.

Zillow Admits It’s In Hot Water With Regulators Over Lender Advertising

Aug 17, 2017, 4:12pm UTC
https://consumerist.com/2017/08/17/zillow-admits-its-in-hot-water-with-regulators-over-lender-advertising/ >Real estate listings site Zillow — home of the controversial “Zestimate” — is in the regulatory hot seat over an advertising program for mortgage lenders that may violate federal anti-kickback law. >Realtors pay to post properties on Zillow, but the website also has a “co-marketing” program that lets lenders offset some of that expense by advertising on Zillow.