News Releases

• FTC Publishes Final Guides Governing Endorsements, Testimonial (in advertising), November 3, 2009
           Text of the Revised Endorsement and Testimonial Guides             
• New RESPA forms (Good Faith Estimate and Hud-1, Hud-1A), effective January 1, 2010
• Fraud Alert, December 15, 2008
• OREC Investigates and Recovers Commissions Earned from those who preform Licensed Real Estate Activities without a Real Estate Broker License, June 23, 2008
• Proposed HUD Rule To Simplify and Improve the Process of Obtaining Mortgages and Reduce Consumer
  Settlement Costs - Comment Due Date: May 13, 2008, April 3, 2008
• Sign Sweep Information, November 2, 2006
• Internal Revenue Special Notice- Tax Rules for Foreign Investors in U.S. Real Property , May 11, 2006
  • Attend this phone forum to learn more about FIRPTA and to avoid personal liability for improper U.S. federal income tax compliance.
• Attention: The Internal Revenue Code Requires Transferees (Buyers) to Withhold Tax on the Amount Realized From Sales or Other Dispositions By Foreign Persons of U.S. Real Property Interests, August 30, 2003
• Real Estate Licensees Are Not Exempt From Federal Do-Not-Call Law, August 11, 2003
  • Licensees may register as telemarketers to obtain Do-Not-Call Registry at telemarketing.donotcall.gov/Profile/Create.aspx
  • Consumers file complaints at: www.ftc.gov
• Special Revised Notice-Evidence of Citizenship or Qualified Alien Status - New Requirement, Effective July 1, 2002, August 2, 2002
• Predatory Lending Practices - Tips for Consumers, April 3, 2002