The National Advertising Division of BBB National Programs takes issues with promises by Quicken Loans that “No Registration, No Login” is required in company advertisements…
Posts published in “ftc”
Redfin has acquired RentPath nearly two months after CoStar Group paid RentPath a $52 million break fee for a failed acquisition in 2020. Source: Inman…
CoreLogic board asks for more cash for shareholders and a shorter deal time to make up for CoStar’s stock price volatility. Source: Inman News
The company closed three acquisitions in 2020, and CEO Andrew Florance indicated during an earnings call that CoStar’s buying spree is far from over. Source:…
The PLS wants info on Upstream, the DANGER Report, the Clear Cooperation Policy and antitrust inquiries from the DOJ or FTC. Realtors say producing these…
RentPath petitioned a bankruptcy court in Delaware to expedite payment of a $60 million breakup fee. The letter demanded payment within two days from the…
The company, which has signaled a move into residential real estate in recent months, plans to develop a national marketplace for agents. Source: Inman News
RentPath will instead restructure its operations and renew its focus on “delivering value” through its search platforms Rent.com and ApartmentGuide.com. Source: Inman News
The regulatory agency argued in a complaint that the move increases concentration in the rental listing space, eliminating the competition that drives advertising prices down. …