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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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Michael Eising receives the Ken Markison Legacy Achievement award

Housing Wire

The Mortgage Bankers Association (MBA) presented its annual Ken Markison Legacy Achievement award to Michael Eising, a vice president and mortgage compliance manager at Merchants Bank of Indiana. His overarching duty remains to steer the bank’s mortgage operations into full alignment with both federal and state legal mandates.

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Yes, real estate agents need to protect trademark rights in your brand

Housing Wire

I am a big believer in developing a brand for your real estate business from Day One. While you can develop name recognition over time, I believe that naming your team or brokerage something other than the leader’s name allows more opportunity for scale and differentiation. you will have grounds to demand that they stop.

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Biden tax credit to rehab homes is finally unveiled

Housing Wire

Housing and Urban Development Secretary Marcia Fudge joined Biden to mark the 100th year since a white mob killed hundreds of Black residents of the Greenwood District. HUD has also taken steps to craft a rule on the legal duty to Affirmatively Further Fair Housing. Presented by: Altisource. Streamline by combining services.

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Bayview mortgage servicers seek to block plaintiff’s filing in data breach lawsuit

Housing Wire

28 in federal court, represents the latest development in an ongoing lawsuit involving a data breach. In January 2024, they amended their complaint, presenting a 225-page filing containing information obtained through confidential discovery. The objection, filed on Feb. million borrowers, including their Social Security numbers.

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Narrow Gauge Capital acquires Inco-Check

Housing Wire

Inco-Check has not only developed proprietary technology to support its clients, it also uses these same tools to provide a highly differentiated service offering, making it a one-stop shop for software and tech-enabled services,” said Michael Detwiler, who partnered with NGC on the acquisition, in a statement. Presented by: DataVerify .

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FHFA: GSE servicers must keep fair lending data

Housing Wire

Presented by: Selene Finance. That development prompted concern from legal experts that the information could be used as a basis for fair lending lawsuits. The requirement echoes a similar requirement for lenders selling loans to the GSEs.

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