real estate

CertifID Raises $20 Million to Combat Real Estate Wire Fraud
CertifID Raises $20 Million to Combat Real Estate Wire Fraud
September 12, 2023  |  Fraud Prevention

Wire fraud prevention company CertifID has raised $20 million in a Series B funding round. The financing, announced Tuesday (Sept. 12), will help the Texas-based firm develop fraud prevention...

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Home Trust Offers Mortgage Clients Digital Banking Via Platform
Home Trust Offers Mortgage Clients Digital Banking Via Platform
September 05, 2023  |  Real Estate

FinTech firm ebankIT, in collaboration with Home Trust, launched a digital platform to offer seamless and integrated user experiences to Home Trust’s mortgage clients, according...

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Push to Debit Brings ‘Emotional Relief’ of Faster Payments to Property Management Sector
Push to Debit Brings ‘Emotional Relief’ of Faster Payments to Property Management Sector
September 05, 2023  |  Faster Payments

Property management always has a flurry of activity in the background. Landlords employ and contract with a variety of vendors and suppliers to keep things...

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Real Estate Sector Falls Behind in Real-Time Payments Adoption
Real Estate Sector Falls Behind in Real-Time Payments Adoption
August 24, 2023  |  Real Estate

In today’s digital era, it seems almost quaint that an industry as essential as real estate relies so heavily on paper checks, given current rates...

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Better Going Public Following Two-Year Listing Journey
Better Going Public Following Two-Year Listing Journey
August 24, 2023  |  SPAC

After two years, mortgage lender Better.com will finally go public Thursday (Aug 24). The company’s Nasdaq listing will happen via a special purpose acquisition company...

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Medical Properties Trust Says Regulator’s Hold on Transaction ‘Deemed Immaterial’
Medical Properties Trust Says Regulator’s Hold on Transaction ‘Deemed Immaterial’
August 18, 2023  |  Real Estate

A California state regulator has ordered a hold on a transaction between Medical Properties Trust (MPT) and Prospect Medical Holdings. The deal, which aimed to provide crucial financial...

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CFPB Penalizes Freedom Mortgage for Incentives to Real Estate Brokers
CFPB Penalizes Freedom Mortgage for Incentives to Real Estate Brokers
August 17, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has taken action against Freedom Mortgage Corp. for engaging in illegal activities related to mortgage loan referrals. The CFPB...

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Treasury Department to Propose Beneficial Ownership Reporting Rules for Real Estate
Treasury Department to Propose Beneficial Ownership Reporting Rules for Real Estate
August 10, 2023  |  Regulation

Title insurers and others may soon be required to report the identities of the beneficial owners of companies that pay cash for real estate. The U.S....

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LoanDepot Posts Loss, but Origination Volume Up 27% from Q1
LoanDepot Posts Loss, but Origination Volume Up 27% from Q1
August 08, 2023  |  Earnings

Mortgage company loanDepot released its second-quarter earnings Wednesday and saw a seasonal bump in loan originations. On Wednesday, July 7, loanDepot posted a quarterly loss...

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