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Real Estate Services Update

The Real Estate Services (RES) Update is designed to keep diversified real estate firms and their agents informed about issues impacting their businesses. This monthly newsletter includes legislative and regulatory updates, news on industry trends, and the latest information on NAR activities as they affect diversified real estate firms.

May 17, 2013
Senator Joe Manchin and Senator Mike Johanns introduced "The Consumer Mortgage Choice Act" in the United States Senate.
May 3, 2013
On March 18, 2013, NAR, in coalition with other industry groups, sent a letter to the Senate in support of a proposed amendment to the fiscal year 2014 Senate Budget Resolution which would implement S. 336, the Marketplace Fairness Act.
April 26, 2013
President Gary Thomas testified at a hearing of the House Ways and Means Committee entitled “Tax Reform and Residential Real Estate.”
Topics: Tax Reform
April 12, 2013
NAR President Gary Thomas testified this week about the importance of the FHA mortgage insurance program.
Topics: FHA
April 12, 2013
FHA may need $943 million from the Treasury to hold 30 years' worth of reserves.
Topics: FHA