FOLLAND & ASSOCIATES » Miami Condo Real Estate http://www.southptc.com/miamicondo MIAMI CONDO REAL ESTATE NEWS Wed, 19 Aug 2009 20:07:12 +0000 en hourly 1 Just another WordPress weblog No No Miami Condo Realtors Safe From Federally Regulated Banks http://www.southptc.com/miamicondo/2009/04/29/miami-condo-realtors-safe-from-federally-regulated-banks/ http://www.southptc.com/miamicondo/2009/04/29/miami-condo-realtors-safe-from-federally-regulated-banks/#comments Thu, 30 Apr 2009 00:36:49 +0000 Christian N. Folland, Esq. http://www.southptc.com/miamicondo/?p=166 The National Association of Realtors has been fighting for several years to keep federally regulated banks out of the real estate brokerage and management business.  They succeeded with the 2009 Omnibus Appropriations Act signed by President Barak Obama.  The legislation will keep banks from gaining an anti-competitive advantage in the industry, wherein they already actively work to bundle mortgage, escrow, closing and title insurance services for their clients, effectively encouraging consumers from using third party companies.

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