Move sues CoStar over alleged theft of trade secrets

Move Inc., the parent company of Realtor.com, is suing CoStar Group, the parent company of rival Homes.com, over the alleged theft of portal data and documents. In a complaint filed on Tuesday in U.S. District Court in California, Move alleges that James Kaminsky, a former employee who now works for
Read MoreNYSE moves to delist FOA warrants from the exchange

The New York Stock Exchange (NYSE) on Wednesday announced that the warrants of Finance of America, traded under the ticker symbol “FOA.WS,” will be delisted from the exchange. The class A common shares traded under the “FOA” ticker symbol, however, will continue to be traded. “Trading in the warrant
Read MoreFHA updates tech portal to accommodate new appraisal policy

The Federal Housing Administration (FHA) this week announced that its FHA Connection (FHAC) portal — which provides FHA-approved lenders and business partners with secure online access to computer systems at the U.S. Department of Housing and Urban Development (HUD) — will be updated to accommodate
Read MoreCanada’s leading reverse mortgage lender has a new CEO

Toronto-based HomeEquity Bank (HEB), Canada’s leading reverse mortgage lender, announced that Katherine Dudtschak has assumed the role of CEO following the retirement of her predecessor, Steven Ranson. Ranson announced his retirement earlier this year, effective June 30. Dudtschak assumed the CEO re
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