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A recent academic study analyzing Zillow Home Loans (ZHL)—funded by the portal’s rival, CoStar—offers a new analysis of how Zillow’s policies and practices allegedly affect consumers, on the heels of a class-action lawsuit claiming the company is violating antitrust laws through mortgage referrals. The aforementioned lawsuit put Zillow in the hot seat by alleging the…

The post Zillow Disputes Study Claiming it Overcharges Consumers as Author Defends Conclusions appeared first on RISMedia.

After investing heavily to create a fourth competing major real estate search portal, CoStar said Wednesday that it would cut spending on Homes.com by 35 percent this year.

The top five lender and loan servicer says it's already using HomeVision's AI technology to evaluate collateral and will expand its capabilities to create an automated end-to-end underwriting platform, including income, assets and credit.