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CFPB pushes Zillow to settle on RESPA violations

The Consumer Financial Protection Bureau concluded its investigation into whether or not Zillow violated Section 8 of the Real Estate Settlement Procedures Act and Section 1036 of the Consumer Financial Protection Act. Zillow gave an update on the investigation during its earnings call on Tuesday, revealing that the CFPB is in the final stages of a decision on the matter. Zillow recorded a strong quarter, especially when it comes to mortgage revenue.
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