article thumbnail

NAR to vote on Clear Cooperation Policy as legal threat looms

Housing Wire

And the decision comes under the shadow of a potential legal challenge. CCP provisions are designed to prevent so-called pocket listings , or properties that are listed off market and not advertised to the general public. What’s next?

Legal 362
article thumbnail

Compass tells MLSs to change CCP or face legal exposure

Housing Wire

Ketchmark also said that anyone who is involved in upholding CCP will be subject to legal exposure. And at the MLS used by the San Francisco Association of Realtors , agents can designate listings as Coming Soon. To remove this would be a step backwards for homeowner choice and would create additional legal risks, the letter states.

Legal 312
Insiders

Sign Up for our Newsletter

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

article thumbnail

Fintech lender LoanSnap evicted, faces financial and legal turmoil

Housing Wire

Legal and financial troubles are piling up for mortgage fintech lender LoanSnap , with the company having been recently evicted from its headquarters in Southern California. The news was previously reported this week by TechCrunch.

Legal 487
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 418
article thumbnail

What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

citizen or legal resident and be 18 years of age or older. For example, a designated broker is someone who owns a real estate firm and oversees business activities, such as hiring and managing other brokers, agents and office staff. Brokers are often legally liable for the actions of agents working under them.

article thumbnail

California wildfire victims could have up to 12 months of mortgage forbearance

Housing Wire

This includes anytime the relevant property has been hit with an insurable loss, and also covers when a home or place of employment are located in Presidentially-Declared Major Disaster Areas with individual assistance designations, according to the company.

Mortgage 397
article thumbnail

NAR settlement faces another legal appeal

Housing Wire

According to Wang, the declaration showed “the design of the notice progress to be deeply flawed and racially discriminatory; the outcome the Keough Declaration reported proves to be racially discriminatory as well, as one may readily predict from the racist methodology of the notice regime the settlement administrator designed.”

Legal 367