Items Tagged with 'HouseCanary'

ARTICLES

  • Amrock levies blockbuster claims against HouseCanary, wants $740 million verdict overturned

    Claims HouseCanary engaged in collusion, fraud, and deception
    HouseCanary and its top executives engaged in collusion, fraud, and deception as part of an effort to convince a jury to order Amrock to pay out one of the largest judgments in the country this year, Amrock claims in a blockbuster legal filing. And based on these new revelations, Amrock wants a new trial and the $740 million judgment against it tossed out.
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  • 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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  • Is a home improvement loan worth it? Goldman Sachs, HouseCanary team to help borrowers decide

    Launch home addition calculator
    Goldman Sachs appears ready to continue growing its home improvement lending business, and it’s going to use one of the housing industry’s data leaders to help them do it. Goldman Sachs is partnering with HouseCanary to launch a “Home Addition Calculator,” which will help borrowers figure out if a home addition is worth it or not.
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  • An inside look at the battle over AVMs

    What exactly makes a company’s valuation system a “trade secret”?
    [Expert commentary] There's a serious battle being waged right now over automated valuation models. Some in the housing industry love AVMs, while others despise them. And AVMs only seem to be growing in popularity. But what happens if one company gets accused of stealing another company's AVM formula?
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  • United Wholesale CEO declares huge HouseCanary settlement is “good for all of us”

    Tech disruption comes at a big price
    Speaking to the mortgage loan officer community on YouTube, Mat Ishbia said: "So this is good for all of us, we want these firms to come and disrupt it, and come up with a new way to help you with a Realtor, to help you with a consumer, help us with valuations. We need this, we all need this. The jury basically validated these technology firms have a place in our industry.”
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  • From HW Magazine

    How mortgage companies are capitalizing on their greatest asset: big data

    APIs have changed the game
    The evolution from a paper-based process to this era of big data is astounding. Consider that according to IBM, 90% of the world’s data has been created in the last two years. The Internet of Things — your thermostat, refrigerator, even your kid’s Barbie doll — is increasing that data exponentially. For mortgage companies, that data represents a treasure trove more valuable than the gold bars stacked in the vault at the New York Federal Reserve Bank, but only if they can figure out how to harness it for their specific business. Fortunately, scores of fintech companies are ready to help.
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  • From HW Magazine

    2018 HW Tech100 Winner: HouseCanary

    A collaboration with Google powers the residential real estate datasets
    In March 2017, the company announced a collaboration with Google to power the residential real estate datasets for Google Cloud Platform Commercial Datasets.
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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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  • Will tax reform harm the housing market?

    Depends on where you live and how much you make
    For the most part, the latest tax reform will boost the average paycheck and do little to harm the housing market. However, according to two recent expert reports, the devil is in the details.
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  • HouseCanary raises $31 million to grow housing data business

    Series B funding brings total funding to $64 million
    Earlier this year, HouseCanary, a provider of software and analytics for the real estate industry, raised $33 million in its first ever funding round thanks to participants like Executive Chairman of Alphabet Eric Schmidt and NBA legend Kobe Bryant. Now, just nine months later, the company announced that it completed its second round of funding, which nearly equaled its first capital raise.
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