Roughly 10 months after it first announced the planned deal, CoStar Group said Friday that it has completed its acquisition of 3D digital mapping technology firm Matterport. CoStar paid $1.6 billion for the acquisition. “Matterport’s cutting-edge 3D capture and AI-powered property insights have already transformed how residential and commercial properties are marketed and experienced,” Andy…
"March 2025" Archives
Archive page
A bill that would seek to bolster the disclosures that reverse mortgage lenders make to potential clients in an effort to broaden their understanding of the product inside New York state is getting pushback from industry advocates. They argue that adding to and duplicating the currently required federal and state disclosures about the product run…
An email from the Consumer Financial Protection Bureau’s (CFPB) COO Adam Martinez, which was obtained by Bloomberg Law, told employees of the Bureau to continue working on “statutorily required work,” despite news mid-February in which the Bureau’s new head closed the headquarters and instructed employees to halt their work. The email, sent Sunday, came just…
Introduction As part of our ongoing discussion on the concept of movement in the mortgage industry, it is readily apparent that the failure of mortgage companies to pivot or tweak their business models to satisfy changing market and other conditions has resulted in consolidation based on liquidity, buyback, financial and other concerns. Regardless of whether…