The 69th General Assembly Kicks Off in 2014 The second session of the 69th General Assembly began this past Wednesday. House Speaker Mark Ferrandino, House Minority Leader Brian DelGrosso, Senate President Morgan Carroll, and Senate Minority Leader Bill Cadman all mentioned, in part, the heartbreaking events that took place in our state in 2013, and how, in all instances, people came...
New rules take effect in 2015. The Consumer Financial Protection Bureau has enacted a new rule that will require the banking industry to provide consumers with easy-to-understand loan information; and remove old, monotonous provisions that complicate the home buying process and confuse buyers. The most significant change makes it a requirement for originators to provide easy access to basic information such as...
Legislation is being considered to delay changes to the National Flood Insurance Program. Please Take Action today and tell your Member of Congress and Senators that NAR supports the “Homeowner Flood Insurance Affordability Act.” Send Message » The Problem: Congress provided a 5-year reauthorization of the National Flood Insurance Program (NFIP), but severe implementation problems threaten to undermine real estate transactions where flood insurance...
Way to go Colorado REALTORS®! For the first time, Colorado has been recognized as a Triple Crown Winner, achieving NAR Fair Share goal- Participation goal, Major Investor goal, and President's Circle goal! During the NAR Convention last week an un-named REALTOR® reminded everyone that “Technology is a cost of doing business. Advocacy is the cost to stay in business!” A...
NAR shows once again its political power of persuasion in the real estate industry. The latest triumph is HUD reporting yesterday afternoon to NAR they will reissue the July Mortgagee Letter and remove all dual agency language (Part Three of the PFS Participation Requirements) that was to be implemented October 1, 2013. NAR will continue discussions with HUD agency officials...