
SEATTLE, Oct. 26 (UPI) -- A new feature at U.S. real estate website Zillow listing foreclosure details may too easily subject people to embarrassment, privacy experts said.
Zillow said it was making information on foreclosures available to help home buyers make informed decisions with the use of information that is public anyway.
The feature includes posting information on whether a home is in foreclosure, the status of the mortgage and how much was left in arrears, if any, and what price the property might go for in a foreclosure sale, the Los Angeles Times reported Friday.
"What we are confronted with here is a scenario that is becoming increasingly common ... which is things that were hard to get, but public, are becoming easy to get," said Joseph Turow, a professor at the University of Pennsylvania, who is considered an expert on privacy issues.
"The larger issue that you are pointing to is the democratization of data that is taking place, possibly without any kind of social discussion around it," he said.
"Sometimes things are protected not by the law but by the act of having to go look it up. Now, in the Internet age, where everything is organized so neatly, and quickly, the question then becomes ... does the law need to respond to changes in technology?" said Ryan Calo, a professor at the University of Washington School of Law.
Zillow's Chief Marketing Officer Amy Bohutinsky said the information "helps buyers become smarter about their local market, and it also gives them access to potential inventory that they wouldn't have been able to find."
"We think the benefits to buyers and the benefits to homeowners who may want their homes exposed to a much broader group of people other than a lot of savvy investors -- we think that is a really big benefit, and that benefit outweighs anything else," she said.
|
|
|
|
|
|
| Additional Business News Stories | |
REYKJAVIK, Iceland, June 19 (UPI) --
Iceland's new prime minister this week cited the country's mackerel fishing dispute with the European Union as a prime example of the value of sovereignty.
|
PARIS, June 18 (UPI) --
Engine-maker Pratt & Whitney has announced delivery of its 100th F135 propulsion system to the U.S. government for the F-35 Lightning II fighter.
|
Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
|
Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
|
| Stories | Photos | Comments |
View Caption