In a significant development in the mortgage industry, an agreement has been reached between Zillow Group and the MLSs ShowingTime, ARMLS, and Metro MLS in Zillow’s antitrust lawsuit against them. This settlement marks a pivotal moment in the ongoing dispute between Zillow and the MLSs, signaling a resolution that will have far-reaching implications for industry stakeholders.

Key elements of the settlement agreement include:
– Resolution of antitrust claims between Zillow Group and ShowingTime, ARMLS, and Metro MLS
– Potential changes in business practices for all parties involved
– Implications for future collaborations and partnerships in the mortgage industry

Overall, this settlement agreement between Zillow Group and the MLSs represents a significant step towards resolving the antitrust lawsuit and establishing a new framework for cooperation within the industry. Stakeholders will closely monitor the impact of the agreement on future business practices and collaborations moving forward.

You can read this full article at: https://www.housingwire.com/articles/zillow-reaches-settlement-agreement-with-mls-defendants-in-antitrust-suit/(subscription required)

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.