The Consumer Federation of America had a lot of critical things to say about the real estate industry in general and the National Association of Realtors (NAR) in particular when Executive Director Steve Brobeck, testified before a subcommittee of the House Financial Services Committee in late July....
This space generally reports on what is going on in the real estate and mortgage industry; rates, suggestions on buying or selling, news about Fannie Mae, Freddie Mac, or what is happening in building, the law, and so forth. Most of the time we try to do so objectively. Well stand by for a little attitude...
If officials of the National Association of Realtors are looking a little beleaguered these days one can hardly blame them. Not only are state real estate licensing authorities being sued by the U.S. Department of Justice in several states for various rules and regulations that may be protecting agent...