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Ward Morrison to Retire as Chief Executive at Motto Mortgage and Wemlo

Ward Morrison to Retire as Chief Executive at Motto Mortgage and Wemlo

by Phil Hall | Apr 1, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Denver-headquartered RE/MAX Holdings Inc. (NYSE:RMAX) announced that Ward Morrison will retire as president and CEO of its brands Motto Mortgage and Wemlo, effective June 15. He we stay on in a consultative role at both brands through the end of the year. Morrison was...
Kanye West’s Former Malibu Residence Resells Less Than a Week After Being Listed

Kanye West’s Former Malibu Residence Resells Less Than a Week After Being Listed

by Phil Hall | Apr 1, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kanye West’s notorious Malibu, California, residence that was left in an unfinished restoration and sold at a steep discount was acquired after roughly a week after being flipped. The Wall Street Journal reports an investor group led by Andrew Mazzella, a...
Real Estate Scammer Sentenced in $3 Million Loan Fraud

Real Estate Scammer Sentenced in $3 Million Loan Fraud

by Phil Hall | Mar 31, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A Chicago-area real estate professional was sentenced to five years in federal prison defrauding multiple financial institutions out of more than $3 million. David Izsak, the sole proprietor of Skokie, Illinois-based Premier Assets Inc. and Premier Properties...
Agent Removed from Las Vegas Realtors’ Board of Directors

Agent Removed from Las Vegas Realtors’ Board of Directors

by Phil Hall | Mar 31, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Las Vegas Realtors (LVR) has removed luxury real estate agent Zarbod Zanganeh from its board of directors. According to an internal email obtained by the Las Vegas Review-Journal, said Zanganeh was “no longer” a director, effective immediately. Zanganeh was elected...
Tiny Nebraska City Offers $50,000 Down Payment Aid to Attract Residents

Tiny Nebraska City Offers $50,000 Down Payment Aid to Attract Residents

by Phil Hall | Mar 31, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Nebraska city with 865 residents is seeking to grow its population by offering $50,000 in down payment assistance to those willing to relocate. Business Insider reports that Pawnee City – which is located about 90 minutes south of Lincoln, Nebraska, and two hours...
The Appraisal Institute Faces Whistleblower Lawsuit Over Alleged Fraud in Exam Results

The Appraisal Institute Faces Whistleblower Lawsuit Over Alleged Fraud in Exam Results

by Phil Hall | Mar 31, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Appraisal Institute is being sued by a former executive who accuses the organization of firing her when she uncovered widespread fraud in the publishing of testing results. Bisnow.com reports Alissa Akins, a former director of education and publications at the...
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