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Supreme Court Upholds Concept of 'Disparate Impact' in Fair Housing Claims

The U.S. Supreme Court acknowledged on Thursday the validity of "disparate impact" claims, which look not at intent to discriminate but at outcome. Opponents have long argued that the Fair Housing Act doesn't cover claims based on disparate impact, but the Supreme Court affirmed the validity of disparate impact claims. All nine U.S. circuit courts had previously addressed this issue and also answered that question in affirmative.

CFPB Proposes Mortgage Rule Delay  

The Consumer Financial Protection Bureau is proposing a delay to new mortgage disclosure rules, pushing back the start date to Sat., Oct. 3. The original deadline for the new Truth in Lending Act and Real Estate Settlement Procedures Act Integrated Disclosure regulation was Aug. 1. The proposed date change still must undergo public comment before July 7. The new implementation date will not become official until the final rule is issued by the CFPB.

Are YOU an RPAC Contributor?

REALTORS® raise and spend money to elect candidates who understand and support their interests and interests of property owners. The money to accomplish this comes from voluntary contributions made by REALTORS.  If you aren’t already an RPAC contributor, but would like to be, contact your local or the state REALTOR association.  

Click here for a list of REALTOR members that have stepped up to show their support of the real estate industry by contributing at the Major Investor level!  If you’d like to join this elite group, contact your local or state association.

Contributions are not deductible for income tax purposes.  Contributions to RPAC are voluntary and are used for political purposes.  You may contribute more or less than the suggested amount. You may refuse to contribute without reprisal.  Until your state PAC reaches its RPAC goal, 30% is sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a.  70% of each contribution is used by your state PAC to support state and local political candidates and a portion of this may be contributed to the Issues Mobilization Fund.  After the state PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates or issues.

Register Today:
2015 REALTORS® Conference
November 13-16, San Diego  

Register today for the 2015 REALTORS® Conference & Expo, November 13-16 at the San Diego Convention Center in San Diego, CA. The Conference is NAR's biggest annual member gathering, and this year's event promises four packed days of education, networking, motivation and fun.  To find out more and to register, click here.  

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