FW: Inman PM: Bill would scuttle RESPA changes

 

 

Mark Daniel Adamczyk / Realtor
Office: 407-909-9331
Cell: 407-949-1916
Mark@ItsYourSale.com

 

http://www.ItsYourSale.com

 

From: Inman News Headlines [mailto:dailynews@inman.com]
Sent: Thursday, April 30, 2009 4:43 PM
To: mark@itsyoursale.com
Subject: Inman PM: Bill would scuttle RESPA changes

 

Are You a Part of the Future, or a Part of the Past? Connect SF 2009 will bring together the innovators, technologists, visionaries and risk takers who will define real estate’s future. Join Them! Register Today » TODAY'S TOP STORIES = Premium Member News - Join Now » Thursday, April 30, 2009 Bill would scuttle RESPA changes A sweeping bill aimed at curbing predatory lending, which passed a congressional committee Wednesday in a 49-21 vote, has been amended to suspend implementation of new standardized loan disclosure forms and settlement procedures proposed last year by the Bush administration. The real estate and lending industries have opposed the changes to the Real Estate Settlement Procedures Act, or RESPA, which the Department of Housing and Urban Development has said would save consumers billions of dollars. ... CONTINUED Rounding up your real estate listings Realtor Notebook Mortgage rates stay at record lows Demand dropped off last week Debt problem hangs over home sale Check title, laws when dividing proceeds Toddler turf could be toxic Rent it Right OTHER TOP STORIES Lost equity puts boomers' future in doubt Can they afford to stay in U.S.? '5' is magic number in rent vs. buy Opportunity cost of down payment a prime factor The cult and culture of Zappos Company takes happiness seriously U.S. foreclosures go international Real estate tech brief More Headlines » SPECIAL REPORT NEW! Teaming up for real estate success Real estate agents can specialize in tasks best suited to their skill set and extend their reach by becoming team players. There are many models for real estate teams -- some use a blend of agents and non-agents to serve clients, and there are also a range of commission-sharing models. ... CONTINUED More Special Reports »	Keep Your Readers Coming Back for More. Build repeat web site traffic by licensing Inman News real estate content on your site. Learn more about putting our content on your site today. NOTABLE QUOTE "Where blogging and other types of social networking are concerned, the return on investment is, in fact, horrendous. These activities take time -- a lot of it -- and many will derive about as much enjoyment from the exercise as they would from serving jury duty." --Kris Berg BERNICE ROSS Recent columns: Web 3-D revs up real estate Going 'green' boosts bottom line Zap negativity, tap distribution More Bernice Ross »
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