Legal

NY couple claims Zillow, First Street’s climate risk data harmed home sale

Chappaqua, New York home sellers, married couple Andrew and Eri Uerkwitz, are claiming that flood risk data provided by First Street Technology accompanying their listing on Zillow is to blame for their home-selling woes, according to a story first published by the Daily Mail. In April 2025, the Uerkwitzes listed their Westchester County home, which […]

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Suspected $100M real estate fraud scheme uncovered in Baltimore

A suspected real estate fraud ring involving New York-based investors has triggered a wave of foreclosures across Baltimore, according to a local report. A months-long investigation by The Baltimore Banner uncovered the scheme, which allegedly involved EGBE Ventures and related companies tied to investors Eluzer Gold and Benjamin Eidlisz. The group reportedly purchased more than

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Realtor associations, MLSs push back on steering allegations

The slew of defendants in the Zea antitrust lawsuit filed against the National Association of Realtors (NAR) have been busy rejecting the lawsuit’s claims. On Wednesday, the defendants filed motions to dismiss the lawsuit, as well as a response in opposition to plaintiff Jorge A. Zea’s motion for preliminary injunction.  Filed in August in the

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Homebuyers sue D.R. Horton for alleged deceptive lending

A group of homebuyers has filed a class action lawsuit against D.R. Horton, the nation’s largest homebuilding company, and its mortgage lending subsidiary, DHI Mortgage Co., alleging that the companies engaged in deceptive home-selling and mortgage practices that left buyers with unexpectedly high monthly payments. The lawsuit — filed Oct. 1 in the U.S. District

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New York AG Letitia James indicted on mortgage fraud charge

A federal grand jury indicted Letitia James, the New York attorney general, for bank fraud on Thursday, a person familiar with the matter told The Associated Press. The source, who spoke on the condition of anonymity because they were not authorized to publicly discuss the matter, told the outlet that James was indicted in the

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Court dismisses N.J. mayors’ challenge to affordable housing law

A New Jersey Superior Court judge has dismissed lawsuits from a coalition of state municipalities seeking to overturn a new affordable housing law — dealing a major setback to opponents of the policy. Assignment Judge Robert Lougy on Tuesday rejected two suits filed by the Local Leaders for Responsible Planning, a group led by Montvale,

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Why the FTC is targeting Zillow and Redfin’s rental deal

Despite rumors earlier this year that the Federal Trade Commission (FTC) was investigating Zillow and Redfin over their $100 million rental syndication deal, the announcement that the FTC was suing the two companies still carried an element of surprise. “This shows that the Federal government is still looking hard at the realty space,” Chuck Cain,

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CrossCountry seeks dismissal in kickback suit

CrossCountry Mortgage has asked a federal judge to dismiss a lawsuit alleging the lender engaged in an illegal kickback arrangement with a Raleigh real estate firm. Homebuyer Jeremiah VonBlohn, who filed suit at the end of July, claims his agent at Raleigh Realty directed him to CrossCountry in 2022 under a co-marketing agreement that gave

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5 states sue Zillow, Redfin over $100M agreement after FTC suit

Zillow and Redfin are facing yet another lawsuit related to their multifamily rental syndication deal. On Wednesday, attorneys general in Virginia, Arizona, New York, Connecticut and Washington filed a lawsuit in U.S. District Court in Alexandria, Virginia, that makes claims identical to those alleged by the the Federal Trade Commission (FTC) in its lawsuit filed

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FTC lawsuit claims Zillow–Redfin rental tie-up crushes competition

The Federal Trade Commission (FTC) is suing Zillow and Redfin over their rental syndication agreement.  In a complaint filed on Tuesday in U.S. District Court in Alexandria, Virginia, the FTC claims that the two firms conspired to eliminate competition in the rental listing space and that their syndication agreement — under which Zillow paid Redfin

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