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National Association of REALTORS® News

Monday, April 4 2016 5:55 AM
  • Webcast: Reverse Mortgages…NAR will host a live webcast about the unique characteristics of reverse mortgages on April 21, 2-3 p.m. Eastern Time. Panelists, including an executive of a reverse mortgage servicer and a senior official of the National Reverse Mortgage Lenders Association, will discuss the timelines and special requirements that real estate professionals should be familiar with if they handle the sale of a home that has one. Register.

  • Foreclosure Prevention Extension Passes House…The U.S. House of Representatives on March 31 passed S. 2393, the Foreclosure Relief and Extension for Service Members Act of 2015, which extends the one-year protection from foreclosure in the Service Members Civil Relief Act (SCRA) through 2017. The Senate approved the legislation in 2015, and it is expected to be signed by President Obama. NAR was part of a coalition that urged the House to vote for the bill. Details.

  • Patent Trolls Exploiting Judicial DistrictsNAR is trying to get lawmakers to crack down on patent trolls targeting certain judicial districts to improve their chances of winning infringement cases.

  • Internet Tax Fairness Needed…Congress must pass legislation allowing states to collect sales tax on purchases made through online retailers, or brick-and-mortar retailers will remain at a tax-collection disadvantage, NAR says.

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