NAR and many local real estate agents are making their voices heard when it comes to Congress making a decision of allowing banks to participate in the purchasing and selling of Las Vegas property and other real estate across the country.

The Vegas market has had a bumpy road this last year and if the OCC is allowed to expand bank powers to engage in real estate development, it could get a lot bumpier.

NAR contends that the results of the decisions to do not serve consumers or businesses well and breach the separation of banking and commerce.

Many are urging Congress to compel the Comptroller to reconsider the December 2005 decisions that allowed the OCC to grant banking powers.

# posted by Las Vegas Homes Agent @ 11:21 AM

Comments:

Post a Comment

<< Home

	REMAX Associates
	(866) 240-9180 Toll Free

	Las Vegas, Nevada 89149

Copyright 2006© Las Vegas Real Estate Blog-Weblog. All rights reserved. This real estate blog-weblog is intended sole for the purpose of information and for the promotion of properties, Las Vegas homes and condos for our visitors and RE/MAX Associates customers & Clients. No part of this real estate blog-weblog or its contents may be copied, reproduced, displayed, published or otherwise used for private or commercial purposes without the express, written permission of the Las Vegas Real Estate Blog-Weblog. Information on this Blog may be copied by using the RSS Feed Syndication.

Las Vegas Real Estate, Homes & Condos

Previous Posts

RE/MAX Archives

Las Vegas Homes Blog

Thursday, September 28, 2006

Many Say 'NO' To Bank Expansion Powers