Housing Wire
FEBRUARY 16, 2024
Three sources, who have asked to remain anonymous, have confirmed to HousingWire that the National Association of Realtors (NAR) has run out of liability insurance funds. NAR’s insurance policy is tapped out, and there are no funds available for REALTOR Associations and MLSs for legal defense costs,” Hahn wrote.
Housing Wire
MAY 3, 2024
The real estate giant was prompted to do this by the terms of National Association of Realtors’ (NAR) commission lawsuit settlement agreement which requires agents to have a written agreement with a client in order to work with them as a buyer broker. This agreement must be signed prior to an agent taking a buyer to tour a home.
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Housing Wire
JANUARY 24, 2024
Existing home sales fell to their lowest point in nearly 30 years in 2023, while the median price of a home reached a record high, according to the National Association of Realtors (NAR). In fact, for many new buyers entering the market this year, this will be the first time they ever hear the words “ title insurance.”
Housing Wire
OCTOBER 2, 2023
Passage allows Congress to fund the government for 45 days, provide $16 billion in disaster assistance, and temporarily extend the National Flood Insurance Program. In the meantime, Congress continues to work on a long-term reauthorization of the program, the National Association of Realtors (NAR) said in an FAQ document released last week.
Housing Wire
NOVEMBER 21, 2022
Homeowners with the Federal Housing Administration -insured mortgage financing will now be allowed to obtain private flood insurance policies, expanding consumer options to protect borrowers from the country’s major natural disaster. . billion, did not have the required NFIP coverage.
Housing Wire
OCTOBER 13, 2022
Prior to the advent and widespread use of title insurance, before taking title to a property, the buyer required that the title be free of any rights, interests, liens or encumbrances of others for which the buyer would be responsible for. We haven’t seen any real data based on the conversation that it is going to save money.
Inman
FEBRUARY 21, 2024
There are no funds under NAR's policy available to pay for the cost of defending the Realtor associations nor their multiple listing services which have been sued, according to the trade group.
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