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Bank of America Implements Short Sales Change

April 11, 2012: 

On April 14, 2012, Bank of America will implement new procedures for completing short sale transactions through the Equator platform. With the continued development of its online transaction portal to communicate with borrowers and authorized 3rd party advisors, Bank of America has taken steps to reduce the amount of time to complete short sales by performing underwriting and valuation tasks while agents collect required documentation.

Illinois Value of Membership Videos Win National Award

April 11, 2012: 

A series of YouTube videos created by the Illinois Association of REALTORS® to promote its services, resources, and tools for REALTORS®, won an EXCEL Award of excellence in June from Association Media & Publishing, formerly known as the Society of National Association Publications. View the videos at www.youtube.com/illinoisrealtor.

Federal Appeals Judge Scraps EPA Veto, Agrees with NAR on Mountaintop Coal Mine

April 9, 2012: 

April 9, 2012: U.S. EPA overstepped its authority when it vetoed a Clean Water Act permit issued for a sprawling mountaintop-removal coal mining project in West Virginia, a federal judge ruled today.

Federal Reserve Issues Policy Statement on Rental of REOs

April 9, 2012: 

On Thursday, April 5, 2012, the Federal Reserve Board (Fed) issued a policy statement clarifying policies regarding the rental of REO properties acquired by banks through foreclosure.

Federal Appeals Judge Scraps EPA Veto, Agrees with NAR on Mountaintop Coal Mine

April 9, 2012: 

U.S. EPA overstepped its authority when it vetoed a Clean Water Act permit issued for a sprawling mountaintop-removal coal mining project in West Virginia, a federal judge ruled today.

Member Benefits Guide

April 5, 2012: 

The annual NAR membership guide has gone digital.

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