Legal changes for home buyers and the mortgage industry? Today, Amanda McMillan of Chicago Home Partner and Dan Gjeldum from Guaranteed Rate dive into the recent National Association of Realtors (NAR) lawsuit that's been making waves in the real estate industry.
Topics Covered:
*The NAR lawsuit: its implications and what it means for the real estate and mortgage industries.
*Comparisons to past regulatory changes in the mortgage industry post-2008 financial crisis.
*The importance of transparency and full disclosure in serving consumers better.
*How regulatory changes, like the Appraisal Independence Rule, have shaped current practices.
*The resilience and adaptability of top-performing professionals in both real estate and lending.
Key Takeaways:
Regulatory changes aim to protect consumers and improve industry practices.
Top professionals continue to thrive by adhering to high standards and ethical practices.
The NAR lawsuit may introduce new norms, but homes will still be sold, and clients will be well-served.
Join Amanda and Dan as they share their expert perspectives on these significant industry developments and what lies ahead. Don't miss out on this engaging discussion that sheds light on the evolving landscape of real estate and lending.