Accused of wrongfully evicting homeowners, Safeguard Properties fights back in court. The firm defends its business practices and accuses the state of Illinois of making firms jump through hoops in keeping vacant properties up-to-date—only to end up on the hook for alleged transgressions during the process.
Illinois Attorney General Lisa Madigan said that her office has filed suit against Safeguard Properties, a national property preservation provider, over what the AG's office characterized as "illegal eviction practices."
“Nearly every part of the real estate process has been transformed by technology except for home financing. Getting a mortgage is still manual, frustrating and confusing,” said Nick Stamos, CEO and founder of Sindeo..
Legacy insurers are headed toward solid ground, with some experiencing their first full year of profitability since the housing crash. New entrants, meanwhile, are raising capital, entering the fray and gaining market share. Read More
First, I’m not suggesting totally yanking FICO or Vantage Scores or anything like that. What I am recommending is the adoption of other models that would equally, or even more effectively, determine who can repay a loan. Read More