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The Dangers of Mixing Banking and Commerce: Timeline

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02/02/2009Realtors® Recognize Importance of Keeping Big Banks Out of Real Estate
(News Release)
01/30/2009Letter to the U.S. Senate Urging Members to cosponsor S. 356 - the Community Choice in Real Estate Act
(PDF: 62K)(Letter)
11/21/2008NAR's letter urging the Federal Reserve to apply special scrutiny when it considers the application of GMAC to become a bank holding company
(PDF, 93K)(Letter)
11/21/2008Maintaining Separation of Banking and Commerce is Critical, Say Realtors®
(News Release)
07/18/2007Rep. Kanjorski says "Pass H.R. 111"
(PDF, 145K)(Letter)
07/12/2007Senate Appropriations Committee Approves Permanent Ban on Banks in Real Estate
The Washington Report
06/13/2007House Committee on Financial Services Hearing - Improving Federal Consumer Protection in Financial Services
(Video)
06/11/2007House Appropriations Committee Approves Ban on Banks in Real Estate
The Washington Report
06/05/2007House Appropriations Subcommittee Approves Ban on Banks in Real Estate
The Washington Report
05/28/2007House Overwhelmingly Votes to Keep Banking and Commerce Separate: Passes Bill to Close the ILC Loophole
The Washington Report
05/22/2007House Decisively Passes NAR-Backed ILC Bill
REALTOR® Magazine Online
05/21/2007House Passage of ILC Bill Mantains the Separation of Banking and Commerce
(News Release)
05/14/2007NAR Comments on FDIC Proposed Rule on Oversight of ILC Holding Companies
The Washington Report
05/07/2007House Financial Services Committee Votes to Keep Banking and Commerce Separate: Passes Bill to Close the ILC Loophole
The Washington Report
05/02/2007REALTORS® Commend House Financial Services Committee for Passage of ILC Bill
(News Release)
04/25/2007Written Testimony of Thomas M. Stevens, NAR's 2007 Immediate Past President, on the Industrial Bank Holding Act of 2007
(PDF: 114K)(Testimony)
03/29/2007Banking Still on Wal-Mart's Agenda
American Banker
03/22/2007NAR's Written Statement on H.R. 698 - The Industrial Bank Holding Company Act Of 2007
(PDF, 114K)(Testimony)
03/16/2007Statement of NAR President on Wal-Mart Withdrawal of Bank Application
(News Release)
02/20/2007CNBC: Clinton Introduces Banks in Real Estate Legislation, Jerry Giovaniello Interviewed
(Video)
01/31/2007NAR TO FDIC: Extending ILC Moratorium is a Sound Decision
(News Release)
01/31/2007NAR President Thanks FDIC for Extending the Moratorium on ILC Applications by Commercial Firms
(PDF, 98K)(Letter)
01/29/2007Senate Moves to Protect Consumers by Prohibiting Banks from Entering Real Estate Brokerage
(News Release)
01/05/2007Protecting Consumers from Banks Entering Real Estate Brokerage is NAR Priority
(News Release)
11/16/2006NAR Urges Representatives to Support Extension for ILC Moratorium
(News Release)
10/30/2006OCC Issues Another Bank Premises Opinion Involving Real Estate Development
The Washington Report
10/10/2006NAR's Response to FDIC's 12 ILC Questions
(PDF, 136K)(Letter)
10/01/2006Hot Topics Issue #3: National Policy Against Mixing Banking and Commerce
(PDF, 343K)
09/27/2006NAR's Testimony Before the House Government Reform Subcommittee on Government Management, Finance and Accountability
(160K PDF)(Testimony)
09/27/2006Congressional Statement of Cynthia Shelton, CCIM, CRE, on Behalf of the REALTORS® Commercial Alliance
(PDF, 37K)(Testimony)


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