Displaying 41 - 60 of 227
CD Capital Investments, LLC
In September 2016, the FTC announced a court order banning the operators of an alleged mortgage relief scam that preyed upon distressed homeowners from the debt relief business. The final orders banned the defendants from selling secured or unsecured debt relief products or services, and prohibited them from misrepresenting any financial or other products or services. The orders imposed a judgment of more than $1.7 million. The FTC’s July 2014 complaint alleged the defendants claimed they could lower consumers’ mortgage payments and interest rates or prevent foreclosure, pretended to be affiliated with a government agency or consumers’ lenders or servicers, and illegally charged advance fees for these services. The FTC announced additional settlements in the case through March 2020.
In May 2021, the FTC sent payments totaling more than $147,000 in full refunds to people affected by the student loan debt relief scam.
FTC Acts to Stop Nevada Companies From Charging Consumers Thousands To Open Credit Cards To Pay For Training Schemes
At FTC’s Request, Court Finalizes Orders and Monetary Judgments against Ringleaders of the Sanctuary Belize Real Estate Investment Scheme
CoStar Group / RentPath Holdings, In the Matter of
The Federal Trade Commission filed an administrative complaint and authorized a suit in federal court to block internet listing services provider CoStar Group Inc.’s proposed $587.5 million acquisition of competitor RentPath Holdings, Inc. The complaint alleged that the acquisition would significantly increase concentration in the already highly concentrated markets for internet listing services advertising for large apartment complexes in 49 individual metropolitan areas across the United States. On Dec. 31, 2020, the FTC issued a statement on the parties’ announcement that they had abandoned the acquisition.
Statement of Daniel Francis, Deputy Director of the FTC’s Bureau of Competition, Regarding the Announcement That the Parties Have Abandoned CoStar Group Inc.’s Acquisition of RentPath Holdings, Inc.
Ten Individual and Corporate Defendants Settle FTC Charges that They Participated in, Controlled, or Benefitted from the Sanctuary Belize Real Estate Scam
Statement of Commissioner Rohit Chopra in the Matter of CoreLogic, Inc.
Joint Statement of Commissioners Christine S. Wilson and Noah Joshua Phillips in the Matter of CoreLogic, Inc.
FTC Sues to Block CoStar Group, Inc.’s Proposed Acquisition of Chief Competitor RentPath Holdings, Inc.
CoreLogic, Inc., In the Matter of
CoreLogic, Inc. agreed to settle FTC charges that its proposed $661 million acquisition of DataQuick Information Systems, Inc. from TPG VI Ontario 1 AIV L.P. would likely substantially lessen competition in the market for national assessor and recorder bulk data. The FTC’s proposed settlement order requires CoreLogic to license to Renwood RealtyTrac national assessor and recorder bulk data as well as several ancillary data sets that DataQuick provides to its customers. The order allows RealtyTrac to offer customers the data and services that DataQuick now offers and to become an effective competitor in the market.
Statement of FTC Bureau of Consumer Protection Director Andrew Smith on the Memorandum Opinion Issued by U.S. District Court Judge Peter J. Messitte in the Matter of In re Sanctuary Belize Litigation
FTC Seeks to Add Real Estate Investment Celebrities Dean Graziosi and Scott Yancey as Defendants in Real Estate Training Case
FTC Expands Its Case Against Zurixx Real Estate Seminar Scheme
Agency Information Collection Activities; Submission for OMB Review; Comment Request (Regulation N)
FTC Acts to Shut Down Companies Operating Real Estate Seminar Scheme
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension (Regulation O)
FTC Acts Against Company Using Celebrity Endorsements, Bogus Earnings Claims to Sell Real Estate Seminars
Belizean Bank to Pay $23 Million and Cease Operations to Settle FTC Charges It Provided Substantial Assistance to the Sanctuary Belize Real Estate Scam
Fidelity National Financial/Stewart Information Services, In the Matter of
The FTC issued an administrative complaint charging that Fidelity National Financial’s proposed $1.2 billion acquisition of Stewart Information Services would violate the antitrust laws by significantly reducing competition for title insurance underwriting for large commercial transactions in 45 states and the District of Columbia, and for title information services in 14 local markets. The FTC alleges that if consummated, the merger would reduce an industry dominated by “the Big 4” players to the Big 3. Post-merger, Fidelity would control more than 43 percent of all title insurance sales nationwide, and over 40 percent of sales for large commercial transactions in most state-level markets. The FTC also authorized staff to seek in federal court a temporary restraining order and a preliminary injunction to prevent the parties from consummating the merger, and to maintain the status quo pending the administrative proceeding. On Sept. 10, 2019, the parties abandoned the transaction.
Displaying 41 - 60 of 227