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FTC Warns On Deceptive Mortgage Ads

December 7, 2012: 

The Federal Trade Commission (FTC) has issued warning letters to 20 companies, including real estate agents, home builders and lead generators, about possible violations of the Mortgage Acts and Practices Advertising (MAP) Rule.

NAR Launches New Data Privacy and Security Resources

December 3, 2012: 

The real estate industry is undergoing a dramatic change and technology is leading the transformation. Consumers have felt the impact of more and more data breaches at high profile businesses and organizations. Currently, 46 states have enacted laws to help protect consumers’ personal information and Congress is considering a federal privacy mandate.

FHA Temporary Waiver of Regulation on Property Flipping

November 30, 2012: 

FHA announced that it is extending the availability of the temporary waiver of its regulation 24 CFR 203.37a(b)(2) that prohibits the use of FHA financing to purchase single family properties that are being resold within 90 days of the previous acquisition.

Global Recognition at International Night Out

November 20, 2012: 

Global Recognition awards were given to a number of REALTORS® and REALTOR® associations during the 2012 REALTORS® Conference & Expo in Orlando, Fla. Read about the awards and recipients, who were honored at the International Night Out dinner and awards ceremony.

FHA FY 12 Audit Published

November 16, 2012: 

FHA released their Annual Report to Congress and the Actuarial Review of the 2012 Financial Status of the FHA Mutual Mortgage Insurance Fund.

NAR Comments on CFPB RESPA/TILA Proposal

November 16, 2012: 

NAR submitted comments to the Consumer Financial Protection Bureau (CFPB) on the 1100 page RESPA/TILA harmonization regulatory proposal.

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