For Consumers

Gov. Rendell Signs Two New Mortgage Bills Into PA Law

HARRISBURG PA – Two additional bills aimed at preventing mortgage fraud were signed into law Monday (June 29, 2009) by Pennsylvania Gov. Ed. Rendell, joining a package of five laws approved last year to target different aspects of the same problem. The two latest pieces of legislation were spurred by a case in Berks County …

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Pennsylvania Commission Extends Older Consumer Notice

HARRISBURG PA – In an announcement posted this week (Wednesday, June 17, 2009) on its website, the Pennsylvania State Real Estate Commission said it was extending for three months – until Sept. 15, 2009 – the deadline to implement its new consumer notice. Before the announcement, the deadline had been set for June 15. The …

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June 13 Deadline Looms For Pennsylvania Consumer Notice

HARRISBURG PA – The Big Switch starts next Saturday (June 13, 2009) for real estate licensees in Pennsylvania. That’s when a new Consumer Notice, required by the Pennsylvania State Real Estate Commission to be distributed by agents and brokers to their clients and potential clients, goes into effect. After that date, experts say, distributing any …

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Pennsylvania Regulators Take Action Against Mortgage Firms

HARRISBURG PA – Pennsylvania’s Department of Banking is taking a tougher line against mortgage brokers that either refuse to comply with regulations or are not licensed to practice in the state. Last week it took enforcement against seven different companies. On Friday (May 22, 2009) it issued a cease-and-desist order against U.S. Mortgage Group Inc., …

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Realtors’ National Association Opens Its Own Credit Union

WASHINGTON DC – One of the biggest drawbacks in years past of being an independently contracted real estate agent was a perceived lack of perks that sometime accompany other jobs. The National Assocition of Realtors® (NAR®) has been building its membership benefits package to overcome that hurdle, and last week (May 13, 2009; Wednesday) officially …

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Next At Google: Helping Consumers Read Their Electric Meter

MOUNTAIN VIEW CA – Could home owners save money, and help create a greener planet, if they knew more about the energy they use? Website search behemoth Google Inc. thinks so, and is partnering with electric utility companies to experiment with new software it calls the Google PowerMeter. PowerMeter works with new smart meter devices …

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