The
new TILA-RESPA Integrated Disclosure (TRID) rules for mortgage closings took
effect for new loan applications on Oct. 3. The Director of the Consumer
Financial Protection Bureau, on behalf of the six federal financial regulatory
agencies, provided
written assurances that
the early enforcement of the new rules will take into account the good faith
efforts of supervised entities. The Consumer Financial Protection Bureau (CFPB)
has an online toolkit to help REALTORS prepare for TRID, which can be found here.
The 2015 NYSAR Fall Business Meetings kicked off Sunday
at the Turning Stone Resort & Casino in Verona. During yesterday’s General
Session, NYSAR President Mike Smith gave the State of the Association address
and attendees heard from Bob Bemis, RPR vice president for business development, who gave a
broad-based presentation of the many issues facing REALTOR boards and MLSs
today. The 2015 REALTOR of the Year award was also presented to Martin
Carpenter of Baldwinsville, NY.
Click here to learn more.
The
National Association of REALTORS has created "The Little Red Book: Safety
Rules to Live By for REALTORS," which focuses on helping empower you to
become more aware and safe as real estate practitioners. It includes tips that are
presented in a fun, light-hearted way with realistic advice from fellow
REALTORS. It’s a great tool for new agents and seasoned professionals to
incorporate into their safety protocols. Learn more here.
Attorney General Eric Schneiderman announced that New York
State will be providing $11.5 million in funding that will support counseling
and legal services that provide free assistance to families who are at risk of
foreclosure. Legal service providers that have a proven record of helping
homeowners will receive the grants, pending review and approval from the state
and are for one year with the possibility of a one-year renewal. This story can
be found here.
Basil Seggos was nominated last week by Gov. Andrew
Cuomo to become the next Department of Environmental Conservation (DEC)
Commissioner, succeeding Joe Martens. Before his nomination, Seggos served as
the governor’s Deputy Secretary for the Environment since 2013. Seggos’
nomination is subject to Senate confirmation. Click here for more background.
Last week, Mayor Bill de Blasio announced the launch of
the NYC Retrofit Accelerator, which will
provide free technical assistance and advisory services for building owners to
go green through critical energy efficiency, water conservation, and clean
energy upgrades. Click here for
more.
Stay up-to-date on NYSAR Government Affairs news
and events by following us on Facebook and Twitter.
The
NYSAR Legal Hotline will be out of service this week due to the NYSAR Fall Business
Meetings in Verona, NY.The Hotline will be back in service on Tuesday,
Oct. 13, at 9 a.m. The Hotline will not be accepting any voicemail during
the time it is out of service.
The
Tuesday, Oct. 13, NYSAR Radio show will cover the topic of environmental issues.
Tune in at 10 a.m. on Oct. 13 on your PC or Mac by using the player on the NYSAR Radio page. You will need to be logged in to listen.If
you have not yet created your account with the website, you will need to click
on "New User" on the Member Login page and follow the prompts. Find
more information as well as a list of links to play NYSAR Radio from any of
your mobile devices here.
Don’t
miss NYSAR’s Legal Update webinar presented by NYSAR Director of Legal Services
Anthony Gatto, Esq. next Thursday, Oct. 15, at 2:30 p.m. The webinar will cover
commissions, agency and other recent legal developments. Register today!
The
Home Sweet (Second) Home: Vacation, Investment & Luxury Properties course
will be offered Oct. 13 at the Ithaca Board of REALTORS in Ithaca, NY.
Specialize in buying, selling or managing resort properties and second homes
for recreation, investment or development. This course provides elective credit
for the ABR and CIPS designations.
The GRI-6 Sellers course will be offered Oct. 15 at the
Greater Binghamton Association of REALTORS in Johnson City, NY. Represent
seller clients in a way that keeps them coming back. Get a competitive
advantage with strategies to: gain more listings; get clients to price to sell;
enhance your marketing; and avoid fair housing violations and safety
concerns.
Register online today or call NYSAR at
800-239-4432 x219. Find more information here.
One
of NYSAR’s newest Member Perks partners, Taradel, is an approved affiliate of
the U.S. Postal Service’s Every Door Direct Mail ® (EDDM ®) program. Through this
partnership, NYSAR members receive a five-percent discount to design, target,
print and mail marketing pieces to every address in a specific zip code or
carrier route. Forget
buying mailing lists and printing labels, get started with Every Door Direct
Mail ® today. Click
here to access the exclusive NYSAR EDDM ® member portal.
Take
advantage of NYSAR Member Perks partner Taxbot to keep more of your commissions
through tax deductions! The Taxbot mobile app offers you the ability to track
business mileage and expenses with your iPhone or Android smartphone or tablet,
and turn those expenses into IRS compliant tax deductions. Watch a video showing how easy the app is to use.
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