Supreme Court Rules on CFPB Structure

The Supreme Court has held that the single-director structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional, and has severed the provision that allowed for the director to be removable only “for cause.” In this holding the CFPB Director now serves “at will” and can be fired at the discretion of the president. This [...]

By |2020-06-29T20:26:04+00:00June 29th, 2020|Uncategorized|0 Comments

NAR Advocacy Wins in CFPB Decision

The U.S. Supreme Court ruled Monday that the single-director structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional. With this decision, the bureau’s director can no longer be removed from the position only for cause but instead will serve at the discretion of the president at will.For REALTORS®, the most notable outcome is that [...]

By |2020-06-29T17:10:25+00:00June 29th, 2020|Uncategorized|0 Comments

May 2020 Pending Home Sales

NAR released a summary of pending home sales data showing that May’s pending home sales pace rose 44.3% last month and fell 5.1% from a year ago. Even with the declines, pending sales bounced back from the prior two months. Pending sales represent homes that have a signed contract to purchase on them but have [...]

By |2020-06-29T14:57:39+00:00June 29th, 2020|Uncategorized|0 Comments

Pending Home Sales Notch Record-Setting 44.3% Monthly Increase in May

“This has been a spectacular recovery for contract signings, and goes to show the resiliency of American consumers and their evergreen desire for homeownership,” said Lawrence Yun, NAR’s chief economist. “This bounce back also speaks to how the housing sector could lead the way for a broader economic recovery.”“More listings are continuously appearing as the [...]

By |2020-06-29T12:52:32+00:00June 29th, 2020|Uncategorized|0 Comments

Monday Minute: Week of June 29, 2020

Both the House and the Senate are in session this week. What issues should REALTORS® follow? Transportation/Energy Infrastructure Investment (NAR Sent a Letter); Treasury Department/Federal Reserve Pandemic Response (NAR to Submit Questions); SBA Economic Injury Disaster Loan Program (NAR to Submit Questions).Hearing Schedule* Monday, June 29 "INVEST in America Act" (Moving Forward Act) – House [...]

By |2020-06-26T20:44:30+00:00June 26th, 2020|Uncategorized|0 Comments

Leadership Summit Live Playback

View Highlights from the 2019 Leadership SummitMonday, August 12 Vince Malta 2020 NAR President Vince Malta addresses the 2019 Leadership Summit, announcing C2EX as a Learning 100! award winner for fostering professional growth, innovation, and organizational performance.  REALTORS®' Commitment to Excellence Program Selected as Learning! 100 Award Winner Ron Phipps 2011's NAR President Ron Phipps [...]

By |2020-06-26T17:43:40+00:00June 26th, 2020|Uncategorized|0 Comments

NAR’s Consumer Ad Campaign Earns Fourth National Accolade of the Year

CHICAGO (June 26, 2020) – The consumer advertising campaign of the National Association of Realtors® walked away with its fourth national award this year on Thursday, when Digiday named NAR’s “Home Again” content program the nation’s Best Brand Partnership, B2C category, of 2019. Co-produced with Vice and HAVAS, “Home Again” told the story of communities [...]

By |2020-06-26T17:16:06+00:00June 26th, 2020|Uncategorized|0 Comments

Beverly & Beyond: The Best Tips Learned Since Losing My Sweet Mom

Carl Carter, Jr., REALTOR® and Founder of the Beverly Carter Foundation, shares the importance of following safety protocols and best practices while working in the industry. Hear key tips all real estate professionals should implement into their business to reduce the risk of safety incidents in the industry.Webinar recording from July 23, 2020.

By |2020-06-25T14:21:13+00:00June 25th, 2020|Uncategorized|0 Comments

CFPB Unveils Advisory Opinion Pilot

The Consumer Financial Protection Bureau (CFPB) announced a new pilot program that allows businesses to seek clarity on regulatory compliance obligations through a request for an advisory opinion (AO). The pilot program is intended to address regulatory uncertainty, where AOs will be made public to ensure broad benefit of the Bureau’s analysis, although certain information [...]

By |2020-06-24T21:00:45+00:00June 24th, 2020|Uncategorized|0 Comments

NAR Comments on FHLB Membership

In recent years, a number of financial entities with different business models have sought entry to the Federal Home Loan Bank system due to its low cost of funds and other advantages. NAR submitted a comment letter to the FHFA in response to its request for information on expanding membership to the FHLB system.NAR’s position [...]

By |2020-06-24T19:45:14+00:00June 24th, 2020|Uncategorized|0 Comments