The FTC alleges the company advertised monthly rental rates that did not include mandatory "hidden" fees that could add up to more than $1,700 per year.
Lofty offers a wide-ranging selection of solutions for the real estate space, offering web-based experiences for agents, teams and standalone brokerages alike to automate marketing, better nurture leads and manage deals.
CrossCountry Mortgage joins Rocket, Pennymac, UWM and Rate in raising conforming loan limit above current $766,550 cap for Fannie Mae and Freddie Mac ahead of an official announcement.