Remove vulnerability-disclosure-policy
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First American settles cybersecurity case with SEC

Housing Wire

In response, First American issued a press statement and furnished a Form 8-K, but the SEC determined that the senior executives responsible for the public statements were “not apprised of certain information that was relevant to their assessment of the company’s disclosure response to the vulnerability and the magnitude of the resulting risk.”

Title 407
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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

However, they already worry about some groups of considered vulnerable borrowers who could not pay for the buyers’ agent commission due to affordability challenges. According to mortgage trade groups, if the settlement can reduce buyer agent commissions, it can also make some underserved borrowers more vulnerable.

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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

But Redfin’s model paradoxically makes it much more vulnerable to litigation, including a blockbuster race discrimination lawsuit on the verge of settlement. But a lawyer for the groups noted the lawsuit was filed to effect a significant change in Redfin company policy. Redfin disputes there’s anything wrong with such a policy.

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7 Key Steps to Sell a House That Has Flooded in the Past

HomeLight

Homes on the coast can be particularly vulnerable to flooding caused by hurricanes or high tides. Hedge on the side of disclosure. Real estate disclosure laws vary across the country. The National Resources Defense Council provides a map with each state’s individual flood disclosure regulations.

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Selling a House With Aluminum Wiring: Partial Update, Full Rewire, or Sell ‘As Is’?

HomeLight

Most states have real estate disclosure laws requiring sellers to share any material facts that could impact the home’s safety or value — and aluminum wiring may qualify. It’s always better to err on the side of honesty and disclosure, rather than risk a lawsuit down the line for failure to disclose.

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Financial Crisis 2008 Explained: Causes and Effects

Marco Santarelli

The crisis exposed the vulnerabilities of the global financial system and highlighted the need for stronger regulatory frameworks to prevent future crises. Despite the efforts made to prevent a similar crisis, there are still vulnerabilities in the financial system that could lead to another crisis.

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Things a Lawyer For Real Estate Does For Buyers

Realty Biz

This includes contracts, agreements, and disclosures. These documents may include the deed, mortgage agreements, title insurance policies, etc. Property transfer requirements, disclosure obligations, and contract provisions may differ depending on the jurisdiction.