Archive for the ‘Mls’ tag
Nationwide Mortgage Licensing System Expands to 14 States
The Conference of State Bank Supervisors (CSBS) and
the American Association of Residential Mortgage Regulators (AARMR)
announce that six more states — Connecticut, Louisiana. Mississippi,
North Carolina, New Hampshire and Vermont — will begin using the
Nationwide Mortgage Licensing System (NMLS) beginning
July 1st.
The eight states currently using NMLS are Idaho, Iowa,
Kentucky, Massachusetts, Nebraska, New York, Rhode Island and
Washington.
To date, 42 state agencies representing 40 states have
committed to participate.
NAR and DOJ Reach 10-Year Settlement of MLS Anti-Trust Suit
The U.S. Department of Justice (DOJ) announced on Tuesday that it had
reached a proposed settlement with the National Association of Realtors
(NAR) to end a long-simmering dispute over the use of multiple
listings on the Internet.
The basis of the dispute and an eventual anti-trust lawsuit against NAR filed in 2005 was what DOJ
called “policies and related rules that obstructed real estate brokers
who use innovative Internet-based tools to offer..