USA: Zillow advertising under CFPB fire sets real estate industry on edge
Earlier this month, Zillow Group Z, -1.18%, the popular online real estate data provider, reported blowout earnings. Revenue rose 32% compared to a year ago, and online visits were up 18%. But there was a note of caution in its earnings release. In April, the company said, it had received a notice from the Consumer Financial Protection Bureau that questioned whether some of Zillow’s advertising revenues violated regulations against kickbacks. Read more on: www.marketwatch.com
Source : USA: Zillow advertising under CFPB fire sets real estate industry on edge