Colorado RPAC Day is the perfect opportunity for all Colorado REALTORS® to recognize the importance of RPAC and invest! December 10th is Colorado RPAC Day! The REALTORS® Political Action Committee (RPAC) was established to fight for our industry so you don’t have to. RPAC works to promote homeownership and private property rights at the local, state, and national level. We need your...
On Thursday, October 22, 2015, the House of Representatives Transportation and Infrastructure Committee will begin consideration on the surface transportation re-authorization legislation. One proposal would use Fannie Mae and Freddie Mac's credit risk guarantee fees to fund transportation programs. NAR and CAR strongly believe that a new tax on homeowners would also prevent Fannie Mae and Freddie Mac from effectively managing...
by Josie Klemaier, Denver Post. A new effort to teach Evergreen residents how to protect their homes from wildfires is being led not by fire agencies or property owners, but by another group with a huge stake in area properties: REALTORS®. "As REALTORS®, we got involved in this because we believe in making our communities better," said Bonnie Smith, director of the National...
Project Wildfire is a REALTOR® initiative designed to reduce and/or prevent the destruction of land, property and lives by raising awareness and educating residents throughout our state. We are working in partnership with other like-minded fire prevention organizations across our state to bring education and awareness, as well as access to resources directly to residents in their communities. Colorado REALTORS® continue...
Next week the U.S. House of Representatives is scheduled to vote on H.R. 9 - The Innovation Act of 2015 which will take vital steps to protect the real estate industry from frivolous lawsuits brought by patent trolls. It is critical that you urge your Member of Congress to support this important legislation. Contact your Member of Congress to Stop Patent...
On Wednesday, June 17th, the CFPB announced they would propose an amendment to delay the implementation of the TRID (TILA RESPA Integrated Disclosure) from August 1 to October 1st. The Consumer Financial Protection Bureau’s announcement means a two-month delay for the implementation of the new Truth in Lending Act and Real Estate Settlement Procedures Act Integrated Disclosure regulation, also known...
Consumer Financial Protection Bureau (CFPB) announced that it would be “sensitive” to companies that make a good-faith effort to comply with the new Truth in Lending Act and Real Estate Settlement Procedures Act Integrated Disclosure (TRID) regulation that goes into effect on August 1, 2015. This is a welcome development that can be compared to the effective CFPB implementation of...
Sine Die! Wednesday, May 6th, the final gavel came down on the first session of the 70th General Assembly. In total, 682 bills were introduced. CAR tracked 71 bills this year and took a position on 36 of them. A split Legislature this year with Republicans controlling the Senate and Democrats controlling the House meant every bill sent to the Governor...
Last night, on a procedural motion, Senate Bill 284 was killed. Therefore, the press conference scheduled for today has been CANCELLED. The bill purported to address a so-called “loophole” in the use of urban renewal and tax increment financing on agricultural land for economic development projects but it is drafted solely to insulate a small group of hoteliers from perceived competition....
CALL FOR ACTION- OPPOSE Senate Bill 284 The Legislative Policy Committee (LPC) OPPOSES SB15-284, Voter Approval TIF Payments Ag Land, by Senate President Bill Cadman (R-Colorado Springs), Senate Majority Leader Mark Scheffel (R-Parker), Representative Ed Vigil (D-San Luis) and Representative Paul Lundeen (R-Monument). This legislation is designed specifically to kill the Gaylord Rockies Hotel and Conference Center. The late bill purports...