Tag: Real Estate and Mortgages

Displaying 1 - 20 of 70 results.

Pages

Filtering by content type: Press Release

The Louisiana Real Estate Appraisers Board has agreed to stop fixing compensation levels for residential real estate appraisal services in Louisiana as part of a settlement reached with the Federal Trade Commission, after the agency alleged that the Board’s conduct violated federal antitrust law.
Two Nevada companies and two individuals have agreed to stop charging consumers thousands of dollars to apply for multiple credit cards in their names in order to pay for expensive and often ineffective training programs under a proposed settlement of a Federal Trade Commission lawsuit.
A federal district court entered final orders against the three primary individual defendants—Andris Pukke, Peter Baker, and Luke Chadwick, and related corporations—in the Federal Trade Commission’s case involving the allegedly deceptive sale of real estate properties in Belize to U.S. consumers.
Following the announcement that the parties have abandoned CoStar’s proposed acquisition of RentPath, Daniel Francis, Deputy Director of the Bureau of Competition, made this statement:“This is terrific news for consumers. The CoStar/RentPath deal would have combined two close competitors and harmed...
The Federal Trade Commission has 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. CoStar operates a network of websites, including...
The Federal Trade Commission’s Bureau of Consumer Protection Director Andrew Smith issued the following statement regarding the memorandum opinion issued late last week by U.S. District Court Judge Peter J. Messitte for the District of Maryland, in the matter of In re Sanctuary Belize litigation.
The Federal Trade Commission is seeking to name celebrity real estate investment promoters Dean Graziosi and Scott Yancey as defendants in a case for their roles in a massive real estate training scheme that bilked consumers out of more than $400 million.
The Federal Trade Commission and the state of Utah have amended their complaint against the operators of the Zurixx real estate seminar scheme, adding new charges that the defendants violated the Telemarketing Sales Rule on top of previous charges that they violated the FTC Act and Utah law.
UPDATE: A stipulated preliminary injunction has been entered in this case.
A federal court has entered a temporary restraining order against Utah-based Zurixx, LLC and affiliated companies, which the Federal Trade Commission (FTC) and the Utah Division of Consumer Protection (DCP) allege have used deceptive promises of big profits to lure consumers into real estate...
Under a proposed consent order, Belize’s Atlantic International Bank Limited (AIBL) will pay $23 million, representing approximately all of its U.S.-based assets, to settle Federal Trade Commission charges that it assisted various related entities (the Sanctuary Belize Enterprise, or SBE) in...
The Federal Trade Commission and Department of Justice will hold a joint public workshop in Washington, DC on June 5, 2018, to explore competition issues in the residential real estate brokerage industry.The workshop will take place at the FTC’s Constitution Center Auditorium, 400 7th St., SW,...
The Federal Trade Commission and Department of Justice issued the agenda today for a joint public workshop that will explore competition issues in the residential real estate brokerage industry. The workshop will take place on June 5, 2018, at the FTC’s Constitution Center Auditorium, 400 7th St.,...
The Federal Trade Commission and Department of Justice announced today that they will hold a joint public workshop in Washington, DC on June 5, 2018, to explore competition issues in the residential real estate brokerage industry.
A federal court has found that Jeremy Foti and Charles Marshall, acting through Brookstone Law and Advantis Law, “made numerous false and/or misleading material statements to consumers” when selling legal services for purported mortgage relief.
The Federal Trade Commission has filed a complaint against the Louisiana Real Estate Appraisers Board, alleging that the group is unreasonably restraining price competition for appraisal services in Louisiana, contrary to federal antitrust law. The complaint will be submitted to adjudication before...
The final defendant in an alleged mortgage relief scam that preyed upon distressed homeowners will be banned from selling mortgage or debt relief services under a settlement with the Federal Trade Commission.
Under a settlement with the Federal Trade Commission and the State of Florida, the operators of an alleged student debt relief and credit repair scam will be banned from those lines of business.

Pages