Realtors say proposed bank law is unfair.(banks own real estate brokerages and property management) From: Bellingham Business Journal | Date: March 1, 2001| Author: Gallagher, Dave | COPYRIGHT 2001 Wenatchee Business Journal, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Lobbyists asking the Federal Reserve to allow brokerages inside bank branches; concept under review

A proposal being considered by the Federal Reserve Board could result in sweeping changes for both the real estate and banking industries if it is approved this spring.

The Financial Services Roundtable, which represents the banking industry, is asking the Federal Reserve Board to relax some of the restrictions that prevent banks from owning and operating real e...