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0 -0.00259487512163483 -0.00259487512163483 -0.00259487512163483 0.00486539085306515 0.00324359390204339 0.00324359390204339 -0.00259487512163483
Stock impact report

Study says Zillow home loans cost more, but some question findings [Yahoo! Finance]

CoStar Group, Inc. (CSGP) 
Last costar group, inc. earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: costargroup.com/investors/stock-info
Company Research Source: Yahoo! Finance
But critics are claiming its findings aren't reliable. The 40-page draft report, titled " Empirical Analysis of Zillow Home Loans Pricing ," was published on Dec. 21 by Georgetown University Law Center Professor of Economics and Law Emeritus Steven C. Salop Using loan origination data published by the Consumer Financial Protection Bureau via the Home Mortgage Disclosure Act — which requires most lenders to report information about their mortgage lending activity — the study compared Zillow Home Loans mortgages and those from other lenders that originated between 2022 and 2024. It claims that Zillow Home Loans buyers will pay "significantly higher mortgage costs than they would to other lenders" during the life of their loan, with Zillow borrowers allegedly paying anywhere from 0.10% to 0.15% more than other borrowers. This was equivalent to $3,213 more overall in 2023, and $4,579 more overall in 2024. It also claims that overcharges varied among races and ethnic groups. For lo Show less Read more
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