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Compass Sues NWMLS, Citing ‘Monopolistic’ and ‘Anticompetitive’ Policies

Compass Sues NWMLS, Citing ‘Monopolistic’ and ‘Anticompetitive’ Policies

by Phil Hall | Apr 28, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, Uncategorized, WRE News Exclusive

Compass Inc. (NYSE: COMP) has filed a lawsuit against Seattle-based Northwest Multiple Listing Service (NWMLS), accusing it of “monopolistic” and “anticompetitive” behavior. Earlier this month, NWMLS suspended Compass’ IDX feed, citing the brokerage’s private...
Florida Insurance Company in Settlement Over Bogus Hurricane Claims

Florida Insurance Company in Settlement Over Bogus Hurricane Claims

by Phil Hall | Apr 3, 2025 | Uncategorized

Florida Attorney General James Uthmeier has secured $4 million in fines from Universal Property & Casualty Insurance Company (UPCIC) to resolve allegations that the company fraudulently submitted numerous ineligible claims for reimbursement from the Florida...
Andrea Olshan to Step Down from Leadership at Seritage Growth Properties

Andrea Olshan to Step Down from Leadership at Seritage Growth Properties

by Phil Hall | Mar 28, 2025 | News/Current Events, Real Estate News, Uncategorized, WRE News Exclusive

Seritage Growth Properties (NYSE: SRG), a New York City-headquartered owner and developer of retail, residential and mixed-use properties, announced that Andrea Olshan will step down as president, CEO and board member as of April 11. “The decision to transition the...
Pending Home Sales Up for Third Straight Month

Pending Home Sales Up for Third Straight Month

by Phil Hall | Nov 27, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, Uncategorized, WRE News Exclusive

Pending home sales during October marked the third consecutive month of upward movement, according to data from the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s indicator of home sales based on contract signings, rose by 2.0%...
Guest Opinion: Thriving as an Agent in a Dynamic Landscape

Guest Opinion: Thriving as an Agent in a Dynamic Landscape

by Wendy Leibowitz | Jul 15, 2024 | Guest Opinion, News/Current Events, Real Estate News, Uncategorized, WRE News Exclusive

Real estate agents are experiencing a transformative era in the industry. Technology, evolving buyer preferences, and economic shifts are reshaping how we operate. Embracing these changes is crucial for success. Adapting to Technological Advancements Technology is no...
FHFA Gives Conditional Approval of Freddie Mac’s Second Mortgage Purchase Pilot

FHFA Gives Conditional Approval of Freddie Mac’s Second Mortgage Purchase Pilot

by Phil Hall | Jun 24, 2024 | Uncategorized

The Federal Housing Finance Agency (FHFA) announced its conditional approval for Freddie Mac (OTCQB: FMCC) to engage in a limited pilot to purchase certain single-family closed-end second mortgages. The conditional approval follows FHFA’s first publication of a...
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