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Real estate agents
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Real estate agents, banks battle over control of housing market
By CHRIS BAKER
Washington Times
Sunday, May 19, 2002
More than 7,000 real estate agents came to Washington this month
to plot a strategy to keep banks out of their business.
Rules pending before the Federal Reserve Board and the Treasury
Department would allow banks to offer the same services that real
estate firms now do, such as brokering home sales.
Legislation is pending in Congress to block those proposed rules.
"We see this as nothing less than a sea change in the way houses
are bought and sold in this country," said Stephen ...
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