article thumbnail

LeadingRE promotes Reisinger to COO, Edgerton to Chief Legal Officer

Housing Wire

Leading Real Estate Companies of the World (LeadingRE) has promoted Jessica Edgerton to chief legal officer/executive vice president of industry and learning and Kate Reisinger to chief operating officer. Edgerton will now oversee the company’s legal affairs, such as regulatory compliance, trademark protection, and contract management.

Legal 387
article thumbnail

Panorama Mortgage Group launches 1% down payment loan program

Housing Wire

Our 1st Gen loan program is a game-changer, designed to bridge the gap and pave the way for underserved communities to build generational wealth through homeownership.” PMG offers platforms for human resources, finance, technology , legal and compliance services to its group of lenders.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NAR runs out of liability insurance coverage: Sources

Housing Wire

NAR’s insurance policy is tapped out, and there are no funds available for REALTOR Associations and MLSs for legal defense costs,” Hahn wrote. The liability insurance, which is offered through insurance provider Chubb , is designed to cover antitrust claims, but the policy limit is $1 million per policy.

Insurance 544
article thumbnail

Sitzer plaintiffs expected to rest their case today

Housing Wire

The first week of the much-anticipated Sitzer/Burn e tt class action buyer broker commission antitrust lawsuit concluded with the testimony of economic and legal experts. During his testimony, Alford said that NAR’s Participation Rule “is not designed to benefit home sellers.”

Legal 386
article thumbnail

NAR releases flood disclosure tracker as federal shutdown looms again

Housing Wire

Data from the Legal Research Center concluded that all 50 states and Washington, D.C., The disclosure requirement is designed to address a persistent hurdle for renters and buyers when they complete a real estate transaction, according to a May 2022 letter from the U.S.

Legal 368
article thumbnail

Zillow moves to have REX suit dismissed

Housing Wire

After nearly 10 days of trial proceedings, Zillow is ready for its years-long legal battle with REX Real Estate to be over. A judgement as a matter of the law is permissible if there is no legally sufficient basis for a reasonable jury to find for the nonmoving party (in this instance, REX) on that issue.

article thumbnail

Michael Eising receives the Ken Markison Legacy Achievement award

Housing Wire

The prize recognizes individuals who have distinguished themselves in pursuit of the Certified Mortgage Compliance Professional (CMCP) certificate and designation program. His overarching duty remains to steer the bank’s mortgage operations into full alignment with both federal and state legal mandates.

Retail 390