article thumbnail

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

Housing Wire

Online real estate market provider CoStar Group has sued former Homesnap founder Guy Wolcott and three others for allegedly stealing trade secrets related to its online information platform feeding its various marketplace products, including Homes.com and Apartments.com , according to court documents obtained by HousingWire.

article thumbnail

Two Southern banks complete mortgage eNote transfer

Housing Wire

Truliant, which serves more than 270,000 members and over 30 member financial centers in North Carolina, South Carolina, and Virginia, met a series of standards relating to eSignatures, eNote documentation, eClosings, eRegistry requirements, and eNote vault requirements, said Todd Hall, Truliant president and CEO.

Mortgage 358
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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
article thumbnail

Title insurers reckon with attorney opinion letters

Housing Wire

Now, thanks to United Wholesale Mortgage (UWM) CEO Mat Ishbia’s recent announcement that his company is hiring attorneys to review title and closing documents, AOLs and the risks associated with them, have been a hot topic at this year’s ALTA One conference. We are protecting the American Dream,” Tomb said.

Insurance 396
article thumbnail

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.