Public comments are due by COB Friday, November 14, 2014.
The purpose of this fact sheet and suggested voluntary guidelines is to increase real estate professionals’ awareness, knowledge, and understanding of the potential money laundering risks surrounding real estate and enable them to identify practical measures to mitigate the risks.
On July 30, 2015, the U.S. Senate passed a short-term highway and transit bill, which extends authority through October 29, 2015, but replenishes the Highway Trust Fund into December 2015.
On July 29, 2015, the U.S. House Financial Services Committee passed H.R. 3192 (Rep. Hill, R-AR), which would delay the Consumer Financial Protection Bureau’s (CFPB) enforcement of the new Truth in Lending Act and the Real Estate Settlement Procedures Act (TILA-RESPA) integrated disclosure rule.
NAR joined more than 1,500 national, state and local organizations and municipalities in a letter to Congressional leaders urging incrased funding for the HOME Investment Partnerships Program (HOME) program. Using a formula, the Department of Housing and Urban Development (HUD) distributes HOME grants states and local communities to fund a wide range of affordable housing activities. These include downpayment assistance, rental assistance, rehabilitation of affordable housing, and development. The Appropriations Committees in Congress, reacting to lower budgetary threshold
On July 30, Wells Fargo and Prospect Mortgage joined a growing number of lending institutions in discontinuing participation in Marketing Services Agreements (MSAs) with real estate agents and brokers.
While the most publicized physical attacks on real estate agents have involved residential agents, commercial agents are equally at risk. Additionally, it’s important to remember that not all safety and security risks are external.
National Association of Realtors® commercial members help people every day realize their business dreams and help create stronger communities.
On one hand, owners looking to upgrade can sell their home for more. On the other hand, high prices can keep first-time buyers out of the market.
The survey found that millennials are much more into walking to get to their destinations than other age groups.