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Anywhere faces racketeering charges in Minnesota lawsuit

Housing Wire

The Campolis allege that the Bulls failed to deposit $100,000 in earnest money as agreed to in the contract, instead forging documentation falsely showing that the money had been deposited. This included pursuing a sham lawsuit and withholding evidence to avoid exposing their alleged scheme.

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CoreLogic announces strategic partnership with Earnnest

Housing Wire

Earnest money service Earnnest and CoreLogic are launching a strategic partnership, according to an announcement on Wednesday. Through the Earnnest platform, users can securely and efficiently conduct digital transfers of earnest money deposits, eliminating the need for traditional checks and wire transfers.

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Qualia launches wire fraud protection product

Housing Wire

Qualia on Tuesday said the new product provides closing agents with the ability to securely collect and share wire instructions with buyers and sellers, and it features systems for earnest money deposit collection, automated wire matching, wire-sending integrations, wire fraud detection , and seller ID verification.

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JetClosing expands to Austin housing market

Housing Wire

Users have access to digital earnest money deposits, online and mobile notarizations, instant remote access to closing documents, and real-time status updates on all open orders from anywhere and at any time. Digital title company JetClosing is opening its fifth office in Austin.

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Qualia launches Bank Partner Network for title company customers

Housing Wire

Through Qualia’s network, title firms have access to direct integrations for wires, earnest money deposits, automatic clearing and positive pay, according to the announcement. Real estate software provider Qualia is looking to improve how it serves its title company customers.

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Sun West unveils NFT loan powered by AI technology

Housing Wire

They may close the transaction and transfer the NFT, or if they choose to not honor the trade, they forfeit their earnest money deposit, as customary in any standard real estate purchase.”. To ensure the NFT is traded as agreed, the NFT seller (homebuyer) has two choices.

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Success Real Estate in Boston mysteriously shuts down

Housing Wire

Funds placed in escrow often include things such as earnest money deposits or funds from a seller to help a buyer pay closing costs or their agents commission. Over the weekend, broker-owner Steve Webster sent a note to his agents informing them that the brokerage was closing, according to a report by Boston 25 News.