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Leadership Change at Arch Capital Group

Leadership Change at Arch Capital Group

by Phil Hall | Oct 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Arch Capital Group Ltd. (NASDAQ: ACGL), a provider of insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries, announced the promotion of Nicolas Papadopoulo as CEO. Papadopoulo, who is also joining the company’s board...
Justice Dept. in $6.5 Million Redlining Settlement with Credit Union

Justice Dept. in $6.5 Million Redlining Settlement with Credit Union

by Phil Hall | Oct 11, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Justice (DOJ) announced its first redlining settlement with a credit union in its $6.5 million agreement with the $6 billion-assets Citadel Federal Credit Union. The DOJ alleged that Citadel failed to provide mortgage lending services to...
Leadership Change at Chicago Community Loan Fund

Leadership Change at Chicago Community Loan Fund

by Phil Hall | Oct 11, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Chicago Community Loan Fund (CCLF), a nonprofit Community Development Financial Institution with nearly $200 million in assets, announced the retirement of Calvin L. Holmes after nearly 30 years with the organization, including over 26 as president. Holmes joined...
NAR Asks Supreme Court to Review DOJ Probe

NAR Asks Supreme Court to Review DOJ Probe

by Phil Hall | Oct 10, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) has requested the U.S. Supreme Court to review whether the U.S. Department of Justice (DOJ) has the right to reopen an antitrust investigation that was resolved in a 2020 settlement. NAR’s writ of certiorari argues that the...
American Real Estate Association Seeks Input for Lawsuit Against NAR’s Clear Cooperation Policy

American Real Estate Association Seeks Input for Lawsuit Against NAR’s Clear Cooperation Policy

by Phil Hall | Oct 10, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The start-up American Real Estate Association (AREA) is soliciting input from real estate professionals to become involved in a potential class action lawsuit against the National Association of Realtors’ (NAR) Clear Cooperation Policy. “Many real estate professionals...
California’s Prime Real Estate Team Joins eXp Realty’s Network

California’s Prime Real Estate Team Joins eXp Realty’s Network

by Phil Hall | Oct 10, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

eXp Realty, a subsidiary of eXp World Holdings Inc. (Nasdaq: EXPI), announced the addition of the Prime Real Estate Team, led by Robert and Angelica Yost, to its network. After operating for seven years with Side, the Prime Real Estate team – with 21 agents covering...
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