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HUD Removes Dual Agency Ban

posted Sep 26, 2013, 4:47 PM by Richard D'Ascoli
Thanks to efforts of NAR and local Associations like PSAR, HUD reported that they will reissue the July Mortgagee Letter and remove all dual agency language (Part Three of the PFS Participation Requirements). The result is that the dual agency policy will not be implemented on Oct. 1, 2013 allowing NAR to continue the dialogue with agency officials on a formal solution.