{"id":510,"date":"2015-01-12T19:22:36","date_gmt":"2015-01-12T19:22:36","guid":{"rendered":"http:\/\/live-tcan.pantheonsite.io\/?page_id=510"},"modified":"2020-02-11T23:52:35","modified_gmt":"2020-02-11T23:52:35","slug":"zillow-mortgage-class-action","status":"publish","type":"post","link":"https:\/\/usclassactions.com\/?p=510","title":{"rendered":"Zillow Mortgage Class Action"},"content":{"rendered":"

Borrowers Who Got Their Mortgage\u00a0Through <\/span><\/p>\n

Zillow\u00a0<\/span>Advertising or Zillow.com<\/span><\/p>\n

If you got a loan with a loan company, including Sebonic and eRates, after seeing an ad on Zillow.com or because you were sent to a lender by a Zillow real estate agent, you may be part of the class action. Even if you just got a loan through Zillow’s website, you may also be part of the class action.\u00a0There is an investigation into mortgage lending laws that Zillow may have violated.<\/p>\n

If you believe one of these things happened to you, we would like to hear from you. Please contact us at 213-212-2202 or fill out the form on this page.<\/p>\n

Zillow features ads for \u201cpreferred lenders\u201d on several different places on an agent\u2019s Zillow web page. The ads appear on the agent\u2019s featured listings, on the agent\u2019s profile, on the agent\u2019s Premier Agent Website, and on any e-mail campaigns the agent sends to clients from Zillow. If you got a mortgage from an ad you saw on Zillow, please contact us.<\/p>\n

Zillow has allegedly encouraged real estate agents to select a preferred lender. Then the lenders are featured next to the agent on such places as the agent\u2019s Premier Agent website. The lender is also featured on Zillow\u2019s websites and mobile apps.<\/p>\n

Zillow ads say \u201cMy Preferred Lender\u201d to get customers to sign up with the agent\u2019s lender. This potentially creates a problem that is a violation of law. Zillow even has an instructional video showing how an agent\u2019s preferred lender is a loan originator with a pre-existing relationship with the agent.<\/p>\n

But one of the cautions of RESPA Section 8 is that mortgage companies and agents who must follow RESPA are not to give or receive things of value in exchange for a referral on a federal loan. Zillow allegedly tries to say that this is just a co-marketing plan and NOT a referral relationship. But consumers who are knowledgeable should not be influenced by this. If you believe your agent referred you to a lender on Zillow, we would like to hear from you. Please contact us.<\/p>\n

Zillow may even be encouraging real estate agents to select a lender who is pushed to the buyer\/customer. The Zillow website says, \u201cLenders get featured next to the agent on the agent\u2019s Premier Agent website and on Zillow\u2019s websites and mobile apps, exposing them to millions of potential clients across the country and down the street.\u201d<\/p>\n

The Zillow ad for mortgages and lenders that buyers sometimes see on the website says \u201cMy Preferred Lender.\u201d A lender can be a loan originator, a company selling loans as a broker, a bank, a non-bank lender, or a mortgage broker. But a mortgage broker is not necessarily a lender. A better term for the ad might be \u201cPreferred Loan Originator.\u201d<\/p>\n

Please contact one of our experienced class action attorneys\u00a0to evaluate your case for FREE. \u00a0Fill out the contact form on this page or call 213-212-2202.<\/p>\n","protected":false},"excerpt":{"rendered":"

Borrowers Who Got Their Mortgage\u00a0Through Zillow\u00a0Advertising or Zillow.com If you got a loan with a loan company, including Sebonic and eRates, after seeing an ad on Zillow.com or because you were sent to a lender by a Zillow real estate agent, you may be part of the class action. Even if you just got a …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-510","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/usclassactions.com\/index.php?rest_route=\/wp\/v2\/posts\/510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usclassactions.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usclassactions.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usclassactions.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usclassactions.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=510"}],"version-history":[{"count":0,"href":"https:\/\/usclassactions.com\/index.php?rest_route=\/wp\/v2\/posts\/510\/revisions"}],"wp:attachment":[{"href":"https:\/\/usclassactions.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usclassactions.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usclassactions.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}