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HUD removes dual agency restrictions


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Last week, the U.S. Department of Housing & Urban Development (HUD) reported to the National Association of REALTORS (NAR) that they have reversed their proposed policy preventing dual agency agreements in FHA pre-foreclosure transactions. The result is that the dual agency policy will not be implemented today, allowing NAR to continue the dialogue with agency officials on a formal solution.

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 NEW YORK STATE ASSOCIATION OF REALTORS ® INC.
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