How People Voted
28% For, 72% Against
14 votes cast
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H.R. 111, The Community Choice in Real Estate Act
- This item is from the 111th Congress (2009-2010) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Original version created by webmaster
H.R. 111 would amend the Bank Holding Company Act of 1956 and the Revised Statutes of the United States to prohibit financial holding companies and national banks from engaging, directly or indirectly, in real estate brokerage or real estate management activities.
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Visitor Comments
nmg
October 21, 2009, 10:39pm (report abuse)I would like to buy a foreclosed house directly from a bank without non-productive intermediaries like realtors. I would like to avoid paying hefty commissions for services I don't want or need.