Powered by Google

Search form

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.

Legislation Introduced to Fix Issues with Qualified Mortgage that Would Deny Consumer Choice

April 2, 2012: 

On Thursday March 29, 2012, Congressmen Bill Huizenga (R-MI), Ed Royce (R-CA), Lacy Clay (D-MO), and David Scott (D-GA) introduced "The Consumer Mortgage Choice Act." The legislation fixes issues with the Dodd-Frank Wall Street Reform Act's Qualified Mortgage (QM) provisions.

Congress Extends Flood Insurance for 60 days

April 1, 2012: 

On May 30, 2012, the House of Representatives passed a 60-day extension of the National Flood Insurance Program, which will enable the Senate to act on the 5-year reauthorization and reform bill this June.

Government Releases Details of $25 Billion Mortgage Servicing Settlement

March 19, 2012: 

On Monday, March 12, 2012, the federal government released details of the $25 billion dollar national mortgage settlement stemming from the "robo-signing" scandal. The agreement with Bank of America Corporation, JPMorgan Chase & Co., Wells Fargo & Company, Citigroup Inc.

NAR President Kicks-off 5-Year Flood Insurance Coalition Push

March 1, 2012: 

As part of an historic “Flood the Hill” coalition of real estate, construction, financial services, insurance, consumer, taxpayer and environmental groups, NAR stepped up pressure on Congress to pass the 5-year Flood Insurance Reauthorization Bill.

Resources

January 6, 2012: 

NAR offers members new data privacy and security resources.

November/December 2011

December 1, 2011: 

The latest RES Update, a newsletter for NAR's Real Estate Services Group, which aids real estate firms and their agents in implementing and maximizing their core business services.

Pages