Sentences with phrase «banking conglomerates»

The phrase "banking conglomerates" refers to big groups of banks that are connected or combined together to form one large entity. Full definition
It's down to the wire for NAR's effort to keep big national banking conglomerates out of the real estate business.
In each of the past four years, REALTORS ® have chalked up a major victory in their effort to keep national banking conglomerates out of real estate brokerage and management, a top NAR legislative priority.
«I'm optimistic that we'll ultimately win the fight to keep big banking conglomerates out of real estate, hopefully in the coming year,» says McDonald.
For the third year in a row, the U.S. Senate Appropriations Committee has passed legislation that would permanently prohibit national banking conglomerates from entering real estate brokerage and property management, an NAR priority.
As you know, the NATIONAL ASSOCIATION OF REALTORS ® has been fighting hard against a proposal by the Federal Reserve Board and the U.S. Treasury Department that would allow big bank conglomerates into real estate.
Italian banking conglomerate Banca Intesa Sanpaolo has tested a bitcoin blockchain - based tool as part of a bid to validate trading data.
Italian banking conglomerate Banca Intesa Sanpaolo has tested a tool built on the bitcoin blockchain as part of a bid to validate trading data.
Opponents to this and other projects in the works by some of the biggest banking conglomerates in the country — including Bank of America and Union Bank — say banks» acting as developers violates the separation between banking and commerce that has helped keep the U.S. economy stable since the Great Depression.
The legislation, which is supported by a majority of the U.S. House of Representatives and almost a third of the U.S. Senate, would permanently prohibit banking conglomerates from entering real estate but has never been brought to the floor of either house for a vote because of opposition by key members of Congress who support the Federal Reserve and Treasury proposed rules.
Mansell has many goals over the coming year, particularly on long - standing legislative and regulatory issues, such as the drive to keep large banking conglomerates out of real estate.
Currently a partner at venture capital firm Valar Ventures, he found his way back to Thiel in 2008 to join Thiel Capital via corporate development roles at eCount (now part of US banking conglomerate Citigroup) and Yahoo!.
The definition of «institution» depends on a bank's licence and giant banking conglomerates make it complex.
Spanish banking conglomerate BBVA has become the latest member of the Hyperledger blockchain project.
Kristian Rouz — Japanese banking conglomerate Mitsubishi UFJ Financial Group is working to set up a hedge mechanism for investors seeking to safeguard their bitcoin holdings.
Passage of the Community Choice in Real Estate Act would ensure banking conglomerates can't enter real estate brokerage and management.
This NAR - supported bill was introduced five years ago on a bipartisan basis in response to the proposed rules by the Federal Reserve and Treasury Department to define real estate brokerage and management as financial in nature and thus permissible lines of business for banking conglomerates.
Among other contents: a snapshot of NAR's legislative efforts in Washington, D.C., and a rundown of recent victories such as the $ 8,000 first - time buyer tax credit and the bill that permanently bans banking conglomerates from entering the real estate business.
Allowing large, national banking conglomerates into real estate would create anti-competitive and anti-consumer concentrations of power within the industry.
NAR has taken to the airwaves with its campaign to keep large national banking conglomerates out of real estate brokerage and property management.
You carried the fight to Capitol Hill and stopped the big banking conglomerates in their tracks.
They had committed to cosponsoring the Community Choice in Real Estate Act, S. 98, which would keep national banking conglomerates out of real estate.
Our battle to keep banking conglomerates from taking over every aspect of the real estate transaction is also a battle waged on behalf of the American public.
Allowing big banking conglomerates into our industry would harm commercial real estate markets in several ways.
National banking conglomerates won't be entering the real estate business — at least for much of this year.
Members of Congress know how REALTORS ® feel about national banking conglomerates entering real estate brokerage and management.
Bipartisan supporters of the effort by the NATIONAL ASSOCIATION OF REALTORS ® to keep banking conglomerates out of real estate have called for an up or down vote on the Community Choice in Real Estate Act, H.R. 111, which would prohibit nationally chartered banks from brokering or managing real estate.
That gap could prove crucial for REALTORS ® as they dig in against bank - led efforts to rewrite federal laws to allow ownership of real estate brokerage and management companies by big national banking conglomerates.
First, he wants to bring a successful end to the campaign to keep big banking conglomerates out of real estate.
The campaign to keep big national banking conglomerates out of real estate brokerage and management is a case in point.
NAR's long fought effort to keep national banking conglomerates out of real estate brokerage and management is expected to move forward, too.
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