SitusAMC has agreed to a $5.3 million settlement for over 600,000 class members in a data breach lawsuit.  Processing Content The vendor and plaintiffs asked a federal court this week to preliminarily approve their deal to resolve claims arising from a cybersecurity incident last November. The company, which provides real estate loan-level data for financial […]

Homes that are not expected to be associated with high flood risk are becoming more so. Processing Content Properties in the United States are exposed to $375 billion to $1trillion aggregated uninsured flood losses, according to a recent report from Moody’s. These homes could pose a credit risk from rising property insurance costs and falling

New draft legislation in Congress would direct housing giants Fannie Mae and Freddie Mac to buy homebuilder construction loans and package them into bonds in the latest push to cut the cost of building homes and boost supply.  Processing Content The bill was one of three filed on Thursday aimed at reforming the two government-sponsored