New FTC Ruling Impacts Everyone Involved In Short Sales

  The Mortgage Assistance Relief Services (MARS) rule that went into effect on January 31 of this year could present a threat to real estate agents who represent clients on Short Sale transactions, said the National Association of Realtors (NAR) yesterday [1]. While it will not prevent real estate agents from continuing to help homeowners negotiate short sales, it will directly impact the specific wording that they must use when establishing a relationship with the owner and will … [Read more...]