The FTC just issued the Final ruling on telemarketing and prerecorded sales calls. In the new rule you will have to receive permission from the customer in order to deliver prerecorded messages. Consumers however, can receive calls that deliver purely informational prerecorded messages such as you doctors' office that has a prerecorded message to remind you of your appointment.  The ruling is supposed to protect consumers just like ‘The Do Not Call Registry'. The provision that requires prerecorded telemarketing calls to provide an automated interactive opt-out mechanism went in effective on December 1, 2008.

See complete rulings below.

 

http://www.ftc.gov/opa/2008/08/tsr.shtm

http://www.ftc.gov/opa/2008/12/tsramendments.shtm

 


Making Loan Officers and Brokers Accountable?
04/23/2008
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Maryland Governor signed the emergency bills on April 4, 2008 ( HB 365 / SB 216 into law as emergency measures). MD Real Property Code Section 3-104. 1 requires that every instrument securing ‘residential property' to contain the name and… more
Mortgage Meltdown?
04/08/2008
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OK, I cannot even imagine what a Billion $$$ would look like. But the IMF is reporting that the total losses from Sub-Prime Loans can reach $945 billion. WOW!! In the U. S. alone we can expect to see about $565 billion $$$ in Sub-Prime loses. We all… more
Are Rates still low? How is the housing market?
04/08/2008
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Sometimes when rates are low some clients just like to float to see if it gets better. Why? These rates have probably been the steadiest in the past week and a half but people always want better. Well we cannot give lower than the lowest which is… more
FHA down payment raised to 3. 5%?… Foreclosure help?
04/03/2008
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Well, after the $30 Billion dollar bail out given to Bear Stearns last week the senate had to do something about the foreclosure issue we are currently facing. 94-1 was the senate vote to move forward on legislation to assist homeowners facing… more
The Housing Market
03/27/2008
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There are not too many encouraging words in the media yet on home values increasing going into the 2nd quarter. As it stands home values are still on a decline for the past five months even in major metropolitan statistical areas (MSAs) across the… more
New appraisal Code Comment Period
03/22/2008
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If you have not been following the mortgage finance industry; FannieMae has now entered into an agreement with the OFHEO (the office of Federal Housing Enterprise Oversight) and New York Attorney General's office to adopt a Home Valuation… more
New GFE… RESPA
03/14/2008
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The new RESPA rule was released by the U. S. Department of Housing & Urban Development today. The official RESPA rule was published in the Federal Register so there is a 60 day comment period in effect right now and ends May 13, 2008. The new 4… more
Lenders Tightening Up again?
03/10/2008
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Some lenders are are removing their FNMA 100 programs also due to changes by the MI companiesthe FNMA Flex 97, FHLMC 97 and Community program guidelines are will have a reduction in maximum CLTV as well as an increased minimum credit score of 680 on… more
Are Jumbo Conforming available yet?
03/07/2008
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To help lenders serve more borrowers in many high-cost areas, Fannie Mae is introducing Jumbo-Conforming Mortgages. They will accept whole loan and MBS deliveries: starting April 1, 2008 for 15- and 30-year fixed-rate mortgages starting May 1, 2008… more
 
Tj

Trevor Jules

Ellicott City, MD

More about me…

2 Blue Chip Professionals, LLC

Address: 9030 Red Branch Rd, Columbia, MD, 21045

Office Phone: (866) 975-8866

Email Me

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You can find great local Ellicott City, Maryland real estate information on Localism.com Trevor Jules is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.


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