Legal Archive

NAR Weighs In On ‘Know Before You Owe’ Fixes

This week marked the deadline for comments on the Consumer Financial Protection Bureau’s proposed fixes for the ‘Know Before You Owe Rule,’ and National Association of Realtors® President Tom Salomone weighed in to highlight Realtors®’ concerns. In a letter to...

Salomone: PHH Decision Offers “Much-Needed Clarity”

In a decision that has the potential to change the landscape on marketing service agreements between a real estate brokerage and settlement service providers, the DC Court of Appeals ruled today that payments for bona fide services provided and made...

Appraiser Concerns Addressed with Single Family Handbook Update

Appraisers are well-suited to offering an objective home valuation, but testing appliances is a job best left to a home inspector. That was the message Realtors® sent earlier this year when the Federal Housing Administration’s “Single Family Housing Policy...
October 5, 2016

Realtors® Mark Know Before You Owe Anniversary with Survey Showing Challenges Remain:

The Consumer Financial Protection Bureau’s “Know Before You Owe” rules went into effect one year ago today, and according to fresh survey data from the National Association of Realtors®, there’s still work ahead to get it right. “Looking back...

With Settlement, Realtors® Claim Patent Abuse Victory

When several real estate businesses complained of overly broad patent-infringement lawsuits, the National Association of Realtors® stepped up. Data Distribution Technologies, a subsidiary of the patent enforcement firm General Patent Corporation, engaged the businesses over the past year disputing...
September 20, 2016

Highlights from the REALTORS® 2016 Legislative Meetings and Expo

The REALTORS® Legislative Meetings & Trade Expo happens every May in Washington, D.C. The event is an opportunity for NAR members to take an active role to advance the real estate industry, including weighing in on important public policy...
May 19, 2016

ICYMI: Recapping the News from the 2016 REALTORS® Legislative Meetings & Trade Expo

It was a memorable 2016 REALTORS® Legislative Meetings & Trade Expo for the over 8,500 Realtors® in attendance and plethora of NAR staff members working vigorously to ensure the meetings went on without a hitch. For the Media Team, last week was...
May 16, 2016

Pollsters Tell Realtors® that it’s STILL the Economy, Stupid:

Election season is now in full swing, and Realtors® got some first-hand insight on the electoral state-of-play from two of the country’s premier political pollsters.  Peter Hart of Hart Research and Associates and Bill McInturff of Public Opinion Strategies...
May 10, 2016

Story Idea: Consumers Should Be Aware of Moving Fraud

There’s a lot to think about in the midst of a major move: maybe a house is being purchased or sold, kids might be getting enrolled at a new school, and as often as not a lot of money...

Salomone: CFPB Recognizes “There are Lingering Challenges to Address”

WASHINGTON (April 29, 2016) — The following is a statement by National Association of Realtors® President Tom Salomone in response to the Consumer Financial Protection Bureau’s letter announcing a Notice of Proposed Rulemaking to bring further clarity to and...