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japanese-builder sekisui-house-to-acquire-mdc-for-$4.9b

Japanese Builder Sekisui House To Acquire MDC For $4.9B

Japanese homebuilder Sekisui House, Ltd. has struck a deal to acquire its U.S.-based peer M.D.C. Holdings, Inc. in an all-cash transaction that values the target at $4.9 billion, the companies announced Thursday.  The acquisition turns Sekisui into the fifth largest homebuilder in the U.S as it expands the company’s presence to 15,067 combined home

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qualia-accuses-title-startup-settlor-of-stealing-trade-secrets

Qualia Accuses Title Startup Settlor Of Stealing Trade Secrets

Closing software provider Qualia is accusing a former employee and startup title production software firm Settlor of stealing trade secrets. In a lawsuit filed on Tuesday in U.S. District Court in Denver, Qualia claims that its former senior manager of product at Resware Krista Myers, who is now a product

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wire-and-title-fraud-risk-reach-an-all-time-high-in-q4:-report

Wire And Title Fraud Risk Reach An All-Time High In Q4: Report

Wire and title fraud risk reached an all all-time high in Q4 2023 with 51.8% of transactions having issues that led to a risk of wire and title fraud, according to FundingShield‘s quarterly report. On average, problematic loans had 2.2 issues per loan indicating the lack of appropriate controls by

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former-ginnie-mae-president-applauds-the-development-of-new-hmbs-product

Former Ginnie Mae President Applauds The Development Of New HMBS Product

Ted Tozer, former president of Ginnie Mae during the Obama administration and current president Alanna McCargo’s most recent Senate-confirmed predecessor, applauded the news that the company is looking into the development of a new Home Equity Conversion Mortgage (HECM)-backed Security (HMBS) product. Announced earlier this week as a part of

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