From Inman News

The U.S. Consumer Financial Protection Bureau has ended its investigation into whether the Zillow Group violated [federal laws] with its marketing program for agents and lenders, according to a form Zillow filed with the Securities and Exchange Commission.

The program allows Zillow Premier Agents to invite lenders to share advertising costs and appear alongside them as “premier lenders.” That arrangement could have exposed agents to legal liability if regulators found that agents were not paying their fair share of the advertising spend. The consumer protection agency was considering whether this setup violated the anti-kickback provision of … (read more)

Reprinted from Inman News with permission; slightly edited from the original

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