The proposed settlements involving three major real estate brokerages accused of improper commission practices in the Sitzer/Burnett lawsuit are facing a challenge from plaintiffs in another lawsuit. The plaintiffs in the Batton 1 lawsuit filed a motion for a...
California homeowners who rely on Travelers Insurance will be paying a lot more money for their residential insurance needs. According to a San Jose Mercury-News report, Travelers will be raising rates at an average of 15.3%, with some of the company’s 320,320...
Alanna McCargo, who stepped down last week as president of the Government National Mortgage Association (Ginnie Mae), has been named president and CEO of the Federal Home Loan Bank of San Francisco (FHLBank San Francisco). McCargo will officially join the bank on June...
REEP Residential, a San Antonio-headquartered real estate management company, has recruited Yvette Davis as its new president. Davis is a Certified Property Manager (CPM) who was previously director of strategic operations at Emerge Living. Earlier in her career, she...
The Society of Industrial and Office Realtors (SIOR) has announced its 2024-2025 officers. SIOR’s current president-elect, Mike Ohmes, will assume the role of SIOR Global President this fall. Ohmes is the managing principal of the Minneapolis-St. Paul office of...
The Promise Homes Company, one of the largest minority-led managers of institutional-quality and CRA-eligible, single-family residential rental homes, announced the appointment of John Ehle as CEO. Ehle will succeed founder John Hope Bryant, who transitioned to...
Hits and Misses for the Real Estate Week of Aug. 10-14
