Move dismisses trade secrets suit against CoStar

The ongoing legal battle between Move and CoStar Group appears to have come to a close. The parties notified the court on Monday of the negotiation of a settlement between Move and the former Realtor.com employee at the center of the lawsuit James Kaminsky, and their subsequent decision to dismiss i

CoStar shakes up board, focuses on Homes.com profitability

Following investor pressure from hedge funds D.E. Shaw and Third Point, CoStar Group, the parent company of Homes.com, is making changes to its board of directors as it looks to put Homes.com on the path toward profitability. On Monday, the Andy Florance-led firm announced its appointment of three n

HUD doubles down: No FHA financing for ‘unqualified aliens’

In a letter to agency stakeholders and grantees last Friday, U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner effectively doubled down on a recently-announced policy aiming to restrict Federal Housing Administration (FHA) financing to U.S. citizens and permanent resident