Michigan Real Estate Agent Sentenced in Child Predator Case
A real estate agent in Lansing, Michigan, was sentenced to up to 20 years in prison on a charge of sexually abusive activity involving a child. According to the Lansing State Journal, 64-year-old John DeMarco received a sentence of 30 to 240 months from Judge Matthew...
Leadership Change at Arch Capital Group
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
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
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
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...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
