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Former Homesnap employees stole trade secrets over online marketplace tech, CoStar alleges

Housing Wire

All named defendants, including Wolcott and Mazur, were “either involved in the development of CoStar Sync or had access to substantial confidential and proprietary information regarding CoStar Sync and its development,” the complaint alleges. CoStar acquired Homesnap in late 2020 for $250 million in cash, with $7.8

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Going to Extremes

Appraisal Buzz

Add to this rising replacement costs and legal fees, increased government regulation, inflation, and fraud, and companies are bleeding about a billion dollars every three weeks. ICON, an Austin based firm, has developed a 3D printed wall system.

HOA 370
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ALTA: Protecting property rights with title insurance

Housing Wire

There are also strict guidelines for the way title and settlement fees are disclosed to consumers and when changed circumstances allow for alterations to the disclosures. ALTA was proud to work closely with the Consumer Financial Protection Bureau (CFPB) to help develop these regulations, which went into effect in 2015.

Insurance 473
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Two Southern banks complete mortgage eNote transfer

Housing Wire

Officials said 11 federal home loan banks set servicing system requirements relating to eSignatures and eNote documentation in early 2020 – the culmination of three years of development. Full e-Closings reduce the use of paper, legal fees, mailing and courier costs.

Mortgage 267
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Title insurers reckon with attorney opinion letters

Housing Wire

When they talk about reducing closing costs for underserved communities, these people need title insurance more than anybody else because while $10,000 in legal fees may be doable for someone who owns a $4 million house, it is a struggle for someone who owns a $140,000 house.”. We are protecting the American Dream,” Tomb said.

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Streamlining subsidies to build more affordable housing

Housing Wire

To help the lowest-income families, who increasingly can’t find affordable housing in today’s market, federal, state, and local governments devote considerable resources to subsidize the development of affordable housing with below market rents. These bureaucratic barriers burden developers with direct and indirect costs.

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How to Avoid Capital Gains Tax on a Home Sale

Will Springer Realtor

For now, if you’ve experienced a significant increase in the value of your primary home and plan on selling, develop a capital gains strategy as soon as possible before selling your home. Several factors can increase or decrease the adjusted basis, says McGuff. And be sure to track changes in your adjusted cost basis.