CoreLogic’s top lawyer is quitting in the middle of a Justice Dept. inquiry

Alyson Austin, a spokesperson for CoreLogic, confirmed to Inman that Arnold Pinkston would be leaving the company and explained that he had received a job offer from a large medical device manufacturer in Orange County, California.  Continue reading

Nearly 1B mortgage docs accessible by First American security flaw

Though the security breach had been fixed as of Friday, it previously let anyone who had a link to certain documents on First American’s website access additional electronic records simply by changing a single digit in the URL. Continue reading

Traditional brokerage or tech company: How is Compass being valued?

Is Compass worth $4.4 billion, and is it being valued as a traditional brokerage or a technology company? Mike DelPrete takes a look at the company’s valuation, revenue, transaction volume, agent count and profitability. Continue reading

Same-sex couples face discriminatory lending practices: Study

Same-sex couples were 73 percent more likely to be rejected for mortgages than heterosexual couples, according to an Iowa State University Ivy College of Business analysis. The study looked at home loans granted over a quarter of a century between 1990… Continue reading

Is US government investigating MLSs and vendors for antitrust?

The Department of Justice is reportedly demanding CoreLogic and other MLS vendors hand over information related to buyer broker commissions. Continue reading

Realtor group sends cease and desist over CoreLogic data breach

The Austin Board of Realtors is demanding that the Travis Central Appraisal District stop using and destroy any multiple listing service data it may have obtained from CoreLogic. Continue reading

CoreLogic accused of inappropriately selling MLS data

The Austin Board of Realtors (ABOR) is accusing CoreLogic, the vendor of its multiple listing service (MLS) of selling home sold data to Travis Central Appraisal District, a county-level home appraisal organization.  Continue reading

How has Compass grown so fast? A look at the numbers

What’s the secret to its meteoric rise, and what is it that investors see that justifies its massive valuation? This deep dive into Compass looks to provide evidence-based answers to those questions — and more. Continue reading

Home profit margins soften nationwide

Homeowners who sold their home in Q1 2019 experienced an average price gain of $57,500 since purchase — a $2,500 quarter-over-quarter decline from Q4 2018 and a $767 year-over-year increase from Q1 2018. Continue reading