The Update Podcast with Saul Klein, John Reilly, and Tristan Ahumada

The Data Advocate

Welcome to ”The Update Podcast with Saul Klein, John Reilly, and Tristan Ahumada” – your go-to source for the latest developments and insights in the ever-evolving world of Real Estate. Join industry veterans Saul and Tristan as they delve into breaking news, trends, and expert analysis, keeping you informed and ahead of the curve. Tune in to stay updated and empowered in the dynamic landscape of real estate.

  1. FEB 26

    Episode 45: The Brokerage Industry's Biggest Challenge This Year

    Welcome back to The Update with Tristan Ahumada, Saul Klein, and John Reilly. If you thought the real estate industry could breathe easy after the antitrust settlements, think again. The legal "flavor of the year" has arrived, and it’s called RESPA violations. In this episode, we’re breaking down the massive class-action lawsuits hitting Zillow, Rocket Mortgage, and Veterans United. We look at how "kickbacks" are being redefined in the digital age, is receiving a lead the same as receiving cash? As Saul puts it, Zillow is a "consumer engagement engine," but the DOJ is looking at it as a potential antitrust minefield. The rules of mortgage lending and settlement services are changing. Real estate agents and brokers must now go through a messy 2026 market where housing affordability is a political pawn and antitrust attorneys are the new permanent staff. We cover the Consumer Financial Protection Bureau (CFPB) and Regulation X red flags that could trigger a fiduciary duty breach.   Key topics discussed: The Zillow and Taylor consolidated case regarding Premier Agent leads. Why Rocket Mortgage is the new target for class action attorneys. The Consumer Financial Protection Bureau (CFPB) and Regulation X red flags. Truth in Lending Act (TILA) risks for agents acting as loan officers. Why the "Intercontinental Exchange" (ICE) is the quiet giant of mortgage technology. #RealEstateNews #ZillowLawsuit #RESPA #MortgageLending #TristanAhumada #HousingAffordability #Antitrust #RealEstateAgent #BrokerageManagement #TheUpdate #RocketMortgage

    33 min
  2. JAN 29

    Episode 44: Real Estate is Illegal Now? Zillow, Rocket & The RESPA Nightmare

    Welcome back to The Update, where Tristan Ahumada, Saul Klein, and John Reilly discuss why waking up as a real estate professional feels like dodging a subpoena.   In this episode, we plunge into Rocket Mortgage lawsuit and the Zillow RESPA violation. Apparently, attorneys ran out of things to do, so they found a "new" loophole involving RESPA violations regarding steering and undisclosed referral fees. It turns out, getting kickbacks for sending your clients to a specific lender is frowned upon, who knew?   We also dissect the four horsemen of the real estate apocalypse: litigation, consolidation, regulation, and legislation. If you thought selling houses was just about opening doors, think again; it’s now about avoiding breach of fiduciary duty while navigating anti-trust landmines.   Later, we discuss Compass Real Estate and their plan to take over the world (or at least your desktop). Robert Refkin is building an Agent Operating System that aims to be the end-to-end solution for brokers. Is it innovation, or just a really expensive way to recreate the MLS? Speaking of expensive, Optimal Blue is facing a class action for alleged mortgage price fixing. Because interest rates weren't high enough already.   Finally, we wrap up with the future of MLS and the ongoing assault on private property rights. Is the MLS dead? Probably not, but the real estate news cycle certainly wishes it was.

    32 min

About

Welcome to ”The Update Podcast with Saul Klein, John Reilly, and Tristan Ahumada” – your go-to source for the latest developments and insights in the ever-evolving world of Real Estate. Join industry veterans Saul and Tristan as they delve into breaking news, trends, and expert analysis, keeping you informed and ahead of the curve. Tune in to stay updated and empowered in the dynamic landscape of real estate.

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