NOTICES:
HAPPY 4TH OF JULY!
The GTAR/NORES office will be closed Wednesday, July 4 for Independence Day. Have fun and be safe!
Notice
for July 9
We will be unable to process
new members from 8:00-10:00 a.m. on Monday, July 9 due to scheduled system
maintenance. We apologize for any inconvenience.
EDUCATION
& EVENTS:
Need OREC Required CE Hours?
July is your month to get all
four OREC required CE categories—earn all 12 hours. For course details and
online registration, log on to tulsarealtors.com; from the Main Menu, click on
the red Education bar, then click Register for Classes. If you have a GTAR
Class Pass, register by emailing education@tulsarealtors.com or calling 918-663-7500.
(FHR): Fair Housing &
Ethical Practices, Wednesday, July 18, 1:00-4:00 p.m. with Kathryn Jones
(PSC): REALTOR®
Ethics, Thursday, July 19, 1:00-4:00 p.m. with Kathryn Jones; this class is
free, but you need to pre-register.
(BRA): OK Broker
Relationships, Monday, July 23, 1:00-4:00 p.m. with Ann Lloyd
(HOT):
Residential Sales Disclosures, Laws and Rules Review, Tuesday, July 24,
1:00-4:00 p.m. with Ann Lloyd
This new course was designed to highlight some of the Oklahoma Real
Estate Commission’s (OREC) most common required disclosures, laws, and rules.
From time to time legislation is passed, rules are written, and changes are
made. All real estate licensees are required to be familiar with, and in
compliance with current disclosures, laws, and rules. Click here for course
details
MLS NOTES:
Upcoming Computer Classes
at GTAR
Pre-registration is required; space is limited to 14
per class. For more information and to enroll: log on to tulsarealtors.com,
click the red Education bar on the Member Services page, then click Register
for Classes. All classes are held in
the GTAR Computer Lab, unless otherwise indicated.
Fusion: Wednesday, July 11, 1:00-4:00 p.m. (Training Center)
Fusion Hands
On: Thursday, July 12, 9:00-11:00 a.m.
Realist Tax
System: Monday, July 16, 2:00-4:00
p.m.
Fusion Hands
On: Tuesday, July 17, 2:00-4:00 p.m.
Fusion Hands
On: Monday, July 30, 2:00-4:00 p.m.
GOVERNMENT ISSUES/LEGAL:
State and
Local REALTOR® Party Successes
NAR
President Moe Veissi in a video podcast talks about recent
state and local political advocacy wins that show the growing success of the
REALTOR® party at all levels.
CFPB Hears
of NAR QM, RESPA Concerns
NAR
supports a Qualified Mortgage (QM) definition that establishes consumer
protections and ability-to-repay standards but without reducing mortgage credit
availability or increasing consumer costs, NAR President Moe Veissi told
Richard Cordray, director of the new Consumer Financial Protection Bureau in a
meeting last week. The two also talked about federal settlement rules and
disclosures and mortgage servicing standards, among other things. More. President Veissi
talks about his meeting with Cordray in this 3-minute video.
Keep
Settlement Forms Simple, Veissi says
Avoid wholesale
changes to disclosures and settlement forms, NAR President Moe Veissi says in
testimony last week before a House Financial Services subcommittee. Regulators
are in the process of harmonizing settlement disclosure rules under two
separate laws, the Real Estate Settlement Procedures Act (RESPA) and the Truth
in Lending Act (TILA). Veissi urged caution not to make disclosures more
complicated for consumers. More. President Veissi
talks about his testimony in this 3-minute video.
Farm Bill Includes Increase in Rural Community Size
Growing
communities currently eligible for rural housing programs will continue to be
eligible for Rural Housing Service (RHS) home mortgage guarantees under an
amendment approved by the U.S. Senate as part of major farm legislation the
chamber voted on. The population threshold for the RHS home loan program is
increased to 35,000. The House is expected to consider the bill this summer. More.
Lawmakers:
No Large QRM Down payment
A
dozen U.S. lawmakers, led by Sens. Kay Hagan (D-N.C.) and Mike Crapo (R-Idaho),
cautioned banking regulators about issuing a Qualified Residential Mortgage
(QRM) rule that would require a large down payment for securitized loans to be
considered safe. The position tracks NAR's concerns over the rule, which is
supposed to be issued by early next year. More on the letter that lawmakers sent
to regulators.
Broker to
Pay $500,000 in NAR Trademark Violation
The
U.S. District Court for the Northern District of Illinois ordered a broker and his
companies to pay NAR $500,000 in damages and attorney’s fees for repeated and
willful trademark violations in the use of "Realtor" and
"Realtor.com" in his website addresses.
INFORMATION TO USE:
Free
Consumer Content: Gardening Tips
The
latest free content for your members' websites, blogs, social media pages, and
print resources from HouseLogic's REALTOR® Content Resource looks at
money saving gardening
tips.
MEMBERSHIP APPLICATIONS:
Comments
on the following REALTOR® applicants should be submitted by REALTOR®
members to the Membership Committee, c/o GTAR, PO Box 470603, Tulsa, OK 74147.
MLS Waiver:
Jeffrey Bollinger, associated with Bailey-Foristell
(First Publication)
