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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 affecting 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.

August 30, 2013
On August 28, 2013, the U.S. Treasury Department and Internal Revenue Service (IRS) issued final regulations on the individual shared responsibility provisions, i.e. individual mandate, of the Affordable Care Act.
August 23, 2013
On August 22, 2013, Fannie Mae announced updates to its automated underwriting standards to fix problems with credit reporting of short sales.
August 23, 2013
The U.S. Department of Agriculture (USDA) has funding available for Section 504 home repair loans.
August 23, 2013
On August 1, the leaders of a House subcommittee that regulates online commerce issues launched a bipartisan working group to examine online privacy issues and determine whether legislation is necessary to address concerns over the way companies are handling vast troves of data.
August 9, 2013
On Aug. 6, 2013, President Obama delivered a speech and released a fact sheet on the Administration’s proposal for housing finance reform. This was the Administration’s most significant discussion on housing finance since the release of the Treasury Department’s 2011 white paper, “Reforming America’s Housing Finance Market."

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