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June 2012 Podcast: RESPA Expert Discusses Impact of Freeman Case Decision

June 6, 2012: 

In this June 2012 Legal Affairs podcast, attorney Phil Schulman reviews the Freeman v. Quicken Loans, Inc.  decision by the Supreme Court of the United States and what it means for real estate brokerages and their administrative fees.

Supreme Court Ruling Favors Real Estate Brokerages

June 4, 2012: 

Late last week, the U.S. Supreme Court ruled favorably on a case involving unearned fees under Real Estate Settlement Procedures Act (RESPA). While the ruling was about mortgage lending, it has direct implications for real estate brokerages and the transparency of settlement service fees.

June 4, 2012: An Interview With Bank of America

June 4, 2012: 

In this week's President's Podcast, 2012 NAR President Moe Veissi welcomes Vice President and Liaison to Government Affairs Scott Louser and Bank of America Executive Matt Vernon.

NAR Supports Pilot Program to Incentivize Counseling

June 1, 2012: 

NAR sent a letter to Rep. Karen Bass (D-CA) supporting the "Homeownership Preservation Education Act of 2012".

NAR Calls on VA to Implement 203(k) Renovation Pilot Program

June 1, 2012: 

The National Association of REALTORS® (NAR) President Moe Veissi sent a letter to the US Department of Veterans Affairs (VA) Secretary Eric Shinski asking the agency to offer a Veterans Renovation Pilot Program similar to the Federal Housing Administration’s (FHA) 203(k) Program.

CFPB Delays Qualified Mortgage to Get More Data

June 1, 2012: 

On Thursday May 31, 2012, the Consumer Financial Protection Bureau (CFPB) announced that it would be seeking additional information on loan performance with regard to Debt to Income (DTI) ratios and a few other factors.

Congress Raises Concern About Lease Accounting Proposal

May 25, 2012: 

Reps. Sherman (D-CA) and Campbell (R-CA) sent a bipartisan letter signed by 58 other lawmakers to the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) urging the accounting standard setters to conduct a comprehensive economic analysis of its recent lease accounting proposal before making a final rule.

Win for Real Estate in Supreme Court RESPA Ruling

May 24, 2012: 

The U.S. Supreme Court last week provided real estate brokers a lot of clarity about administrative fees charged by brokerages.

Realtors® Offer Support for Bill to Help Responsible Homeowners Refinance

May 24, 2012: 

A proposed bill to streamline and align the refinance processes of Fannie Mae and Freddie Mac may soon make it easier for homeowners who are current on their mortgage payments but who have been previously unable to refinance to finally take advantage of record low interest rates.

See Highlights From the Historic REALTOR® Rally

May 17, 2012: 

Check out photos, videos, and Tweets about the Rally to Protect the American Dream.

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