Blog
Need to Know: CFPB Consent Orders
March 3, 2017
On January 31, 2017 , the Consumer Financial Protection Bureau (CFPB) announced that it entered into consent orders with a mortgage lender, mortgage servicer and two real estate brokers for violations of the Real Estate Settlement Procedures Act (RESPA). As part of the consent orders, the four companies agreed to pay $4 million. The two […]
2017 General Assembly Recap
February 24, 2017
Virginia REALTORS® approached the 2017 General Assembly Session with the goal of addressing several issues. As the Session comes to an end, Virginia REALTORS® will have achieved another successful Legislative Agenda that helps REALTORS® and the real estate industry. Under HB2034, the standard “Red Flag” disclosure statement is renamed to more accurately reflect its true […]
MRIS is now Bright MLS
January 16, 2017
Real estate organizations from neighboring areas in the Mid-Atlantic region, including MRIS, have united as Bright MLS. The creation of this new organization is a direct response to your demands that the MLS break down market barriers and provide real estate professionals with expanded property information that exceeds what consumers can get from publicly available […]
Advocacy in Action: Advance REALTOR® Priorities in Virginia!
January 13, 2017
Now in session… all of Virginia’s 100 Delegates and 40 Senators returned to the State Capitol on January 11th for a 46-day General Assembly ‘session’ to review amendments to the biennial budget and act on thousands of pieces of legislation. The primary goal of advancing REALTOR® priorities at the state level is to shape the future of real estate in […]