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FTC Ruling on MARS Rule

FTC Will Not Enforce Provisions of MARS Rule Against Real Estate Professionals Helping Consumers Obtain Short Sales

The Federal Trade Commission today issued a statement… 164 more words

Industry News

Some reprieve from MARS Rule for real estate agents

Some “carve out” from the FTC’s MARS rule is now available for real estate agents!

In a press release issued today (July 15th) from the Federal Trade Commission (FTC), it appears that the FTC has recognized that its Mortgage Assistance Relief Services (MARS) Rule, which has been posted about on the TN Legal Update blog several times previously, should not be enforced against agents engaged in listing short sale property, so long as the requirements set forth in the modification to the MARS Rule are met.Ā  470 more words

Thomsen & Nybeck General