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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.

March 27, 2015
On Wednesday, March 25, 2015, the House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet held a hearing entitled “Protecting American Innovators and Job Creators from Abusive Patent Litigation.”
March 27, 2015
On Wednesday, March 25, 2015, the House Energy and Commerce Subcommittee on Commerce, Manufacturing and Trade approved a discussion draft bill entitled “The Data Security and Breach Notification Act of 2015.”
March 20, 2015
On March 19, 2015, NAR held a webinar on changes to the Real Estate Settlement Procedures Act and the Truth in Lending Act under the Dodd-Frank Act.
March 13, 2015
On Monday, March 9, 2015, the 3 largest credit-reporting firms – Equifax, Experian, and TransUnion – reached an agreement with New York state to overhaul their reporting and error resolution practices. Many of these changes will be implemented on a national basis roughly over the next 3 years.
March 13, 2015
NAR members and staff attended and participated in a FEMA sponsored Listening Session on the recently released Federal Flood Risk Management Standard.

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