A recent industry news development has shed light on a significant legal dispute spanning five years, centered around allegations of trade secret theft. The payment in question is the culmination of a lengthy court battle, reflecting the complex nature of intellectual property disputes within the mortgage industry.
Key elements of the text include:
– Payment made after five-year legal battle
– Allegations of trade secret theft
– Implications for intellectual property protection within the mortgage industry
You can read this full article at: https://www.housingwire.com/articles/pennymac-pays-158m-to-black-knight-in-servicing-platform-dispute/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
