Industry News

Banks-out-of-real-estate bill back in Congress

U.S. Reps reintroduce legislation this week
Published on Jan 6, 2005

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Legislation that if passed would permanently prohibit big banking conglomerates from entering real estate brokerage or property management has been introduced in the 109th Congress, the National Association of Realtors reported today. U.S. Reps. Ken Calvert (R-Calif.) and Paul E. ...