CFPB drops case against Zillow

The Consumer Financial Protection Bureau is giving up its investigation into Zillow. In its latest SEC filing, the real estate giant disclosed that the CFPB will not pursue its case against the company for possible RESPA violations. The letter officially puts an end to a three-year investigation into whether Zillow’s co-marketing program violates regulations against kickbacks by enabling lenders and agents to funnel business to each other.