Thursday marked day three of Compass’s preliminary injunction hearing in its antitrust lawsuit against Zillow. The day featured testimony from Compass executives and expert witnesses. The hearing, which is being held in New York City under the auspices of U.S. District Court Judge Jeanette Vargas, will be used to decide Compass’s motion seeking to block […]
Compass, Zillow debate irreparable harm at hearing Read More »
Compass’s preliminary injunction hearing in its antitrust lawsuit against Zillow continued throughout this week, before finishing up on Friday. The hearing, which is being held in New York City under the auspices of U.S. District Court Judge Jeanette Vargas, will be used to decide Compass’s motion seeking to block the enforcement of Zillow’s listing access
A $7 million settlement agreement with Greystar Management Services was announced by California Attorney General Rob Bonta — part of a coalition of nine state attorneys general pursuing antitrust claims tied to RealPage software. The settlement requires Greystar to stop using software that employs competitively sensitive information to align rents and to cooperate in the
Greystar reaches $7M settlement in rent-setting lawsuit Read More »
NEXA Lending, formerly known as NEXA Mortgage, is accusing several former NEXA loan officers, managers and former president Mat Grella of executing a coordinated “employee raid” to harm its business. The suit, which was filed on Nov. 5 in Arizona’s Maricopa County Superior Court, claims that Grella, former branch manager Gregory Nichols and Michigan-based Platinum
NEXA Lending sues former president over ’employee raid’ Read More »
A lawsuit filed earlier this year by the state of Massachusetts against home equity investment (HEI) provider Hometap is being allowed to proceed after a ruling in August by a Suffolk County Superior Court judge. And the parties made new filings in court last week as they attempt to convince the court of the merits
Hometap continues to fight ‘illegal reverse mortgage’ lawsuit in Massachusetts Read More »
If you’ve lost count of the number of lawsuits filed against Zillow over the past six months you probably aren’t alone. The listing portal giant’s legal woes began in mid-June 2025, when Compass filed its antitrust lawsuit against Zillow, and they kicked into yet another gear late last week when a home buyer plaintiff filed
Inside Zillow’s legal storm: From RESPA to job discrimination Read More »
Zillow’s mortgage business has grown rapidly over the past few years, posting a 57% annual increase in loan origination volume, which rose to $2.3 billion, in Q3 2025. While Zillow maintains that this growth is purely organic and due to it “making it easier for more buyers to choose financing through Zillow Home Loans (ZHL),”
Zillow faces lawsuit alleging illegal kickbacks in mortgage business Read More »
The Real Brokerage and its former chief financial officer Michelle Ressler have reached a settlement agreement in the lawsuit Ressler filed in early June 2025. Filed in the U.S. District Court for the Southern District of New York, the lawsuit claims that Real orchestrated Ressler’s termination under false pretenses and replaced her with a less
Real, former CFO settle wrongful termination lawsuit Read More »
Mortgage-pricing data has gone digital. But when does transparency turn into coordination? In early October 2025, mortgage-technology provider Optimal Blue and three major lenders were sued in a proposed class-action alleging price-fixing and market manipulation in U.S. mortgage rates. At the center of the case is a question that goes well beyond one software firm:
The Optimal Blue lawsuit: Data transparency or market manipulation? Read More »
Compass may want to drag Redfin into its legal battle involving Zillow’s listing access standards, but the Rocket Companies-owned firm is not having it. On Tuesday, Redfin filed its own letter addressed to Judge Jeannette Vargas of the U.S. District Court in New York City calling Compass’s motion to compel Redfin to produce documents “untimely
Redfin says Compass wants to see ‘privileged and irrelevant documents’ Read More »