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  • Millions of sensitive mortgage documents exposed in massive data breach

    Millions of sensitive mortgage documents were left exposed on the internet for two weeks in a massive data breach that could affect an unknown number of people. According to a report from TechCrunch, more than 24 million mortgage and banking documents were found online in an unprotected database. Click the headline for the full story.

Items Tagged with 'trade secrets'

ARTICLES

  • Amrock ordered to pay $740 million to HouseCanary for trade secret theft

    Texas judge hands down largest judgment in U.S. this year
    A Texas judge last week ordered Amrock, the title insurance, settlement services and valuations provider formerly known as Title Source, to pay just shy of $740 million to HouseCanary after denying Amrock’s request to vacate a jury’s earlier decision in a trade secret theft battle that rocked the housing industry.
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  • Amrock ordered to pay $706 million for stealing trade secrets from HouseCanary

    Texas jury rules that Quicken Loans affiliate misappropriated HouseCanary data
    Amrock, the title insurance, settlement services, and valuations provider formerly known as Title Source, “willfully and maliciously” stole trade secrets from HouseCanary and must pay more than $706 million for the theft, a Texas jury ruled recently. Amrock calls the jury's decision “unconscionable” and promises to fight it.
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  • Collateral Analytics sues Nationstar for allegedly stealing trade secrets

    Claims Nationstar stole property valuation programs and is now trying to sell them
    In a blockbuster lawsuit filed earlier this week in federal court, Collateral Analytics claims that Nationstar Mortgage stole the company’s proprietary property valuation technology, had a subsidiary replicate it, and is now trying to push Collateral Analytics aside to sell “knock-offs” of the company’s software to other market participants.
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  • Guaranteed Rate ordered to pay $25M to Mount Olympus Mortgage for data theft

    Loan officer accused of stealing loan files, taking them to new employer
    A California jury ordered Guaranteed Rate to pay more than $25 million in damages to a fellow mortgage lender, Mount Olympus Mortgage Company, stemming from accusations that a former employee of Mount Olympus Mortgage stole client information and loan files and took them with him when he went to work at Guaranteed Rate.
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