Japanese builder Sekisui House to acquire MDC for $4.9B

Japanese homebuilder Sekisui House, Ltd. has struck a deal to acquire its U.S.-based peer M.D.C. Holdings, Inc. in an all-cash transaction that values the target at $4.9 billion, the companies announced Thursday. The acquisition turns Sekisui into the fifth largest homebuilder in the U.S as it expan
Read MoreQualia accuses title startup Settlor of stealing trade secrets

Closing software provider Qualia is accusing a former employee and startup title production software firm Settlor of stealing trade secrets.In a lawsuit filed on Tuesday in U.S. District Court in Denver, Qualia claims that its former senior manager of product at Resware Krista Myers, who is now a pr
Read MoreLaguna Beach, Calif. features its own city-supported aging-in-place program

The city of Laguna Beach, Calif. recently offered details of its city-sponsored aging-in-place program, dubbed “Lifelong Laguna,” in a profile published by CNBC. It provides new insight into the measures cities can explore to more easily facilitate aging-in-place goals for older residents.2021 resea
Read MoreWire and title fraud risk reach an all-time high in Q4: report

Wire and title fraud risk reached an all all-time high in Q4 2023 with 51.8% of transactions having issues that led to a risk of wire and title fraud, according to FundingShield‘s quarterly report.On average, problematic loans had 2.2 issues per loan indicating the lack of appropriate controls by cl
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