• Restitution checks possible for some reverse mortgage borrowers after CFPB action,Sarah Wolak

    Restitution checks possible for some reverse mortgage borrowers after CFPB action

    Reverse mortgage borrowers whose loans were previously serviced by U.S. Department of Housing and Urban Development (HUD) subcontractor NOVAD Management Consulting LLC may receive reimbursement checks in the mail following a 2024 enforcement action brought by the Consumer Financial Protection Bureau

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  • Judge denies Compass injunction against Zillow listing policy,Brooklee Han

    Judge denies Compass injunction against Zillow listing policy

    A New York City-based U.S. District Court judge has denied Compass’s preliminary injunction motion in its antitrust lawsuit against Zillow. As a result of Judge Jeannette Vargas’ ruling, Zillow may continue enforcing its listing access standard policy, which bans listings from its site that have bee

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  • Redfin rolls out ChatGPT app for real estate searches,Brooklee Han

    Redfin rolls out ChatGPT app for real estate searches

    Redfin, which is now owned by Rocket Companies, is following in Zillow’s footsteps and launching an app integration with OpenAI’s ChatGPT. The company announced Friday that ChatGPT users now have access to a Redfin app within the platform that allows users to locate property listings relevant to the

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