Curbio settles fraud case; NAR partnership remains in place

Curbio, a home renovation startup that specializes in pre-sale work, has agreed to settle fraud allegations made by the Office of the Attorney General for the District of Columbia. As part of the settlement, Curbio agreed to pay $7.5 million. The company denied wrongdoing and said in a statement tha
Read MoreCarlyle to buy up to $300M of equity sharing home loans from Unison

Global investment firm Carlyle has agreed to purchase up to $300 million of equity sharing home loans from home equity solutions provider Unison. Carlyle also made a strategic investment into the San Francisco-based Unison, enabling it to launch its Equity Sharing Home Loan product. “We are excited
Read MoreFOA announces amendment and update for bond exchange offer

Industry-leading reverse mortgage lender Finance of America (FOA) on Tuesday announced updates and new details for a previously announced exchange offer, which would swap current investor bonds due in 2025 with new bonds due one to four years later.The current unsecured notes, due in 2025 with an in
Read MoreCanada is funding research on tech’s role for aging in place

The government of Canada is moving to federally fund research from Ontario-based Brock University, which will seek to better understand how smart-home technology impacts the prospects for older people wanting to age in place in their homes.Technology companies, entrepreneurs and governments alike ha
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