Trade Associations
Here's a look at documents from national and international trade associations
Featured Stories
New York Appellate Court Halts Refrigerant Ban Amid Public Concern Over Food Supply Impacts
COLUMBUS, Ohio, May 8 -- The Heating, Air Conditioning and Refrigeration Distributors International issued the following news release:
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New York Appellate Court Halts Refrigerant Ban Amid Public Concern Over Food Supply Impacts
Albany, NY -- The Appellate Division of the New York State Supreme Court, Third Department, has granted an injunction that prevents the New York State Department of Environmental Conservation (NYSDEC) from enforcing a ban on two refrigerants utilized in the commercial refrigeration systems of thousands of businesses across the state. The injunction will remain in
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COLUMBUS, Ohio, May 8 -- The Heating, Air Conditioning and Refrigeration Distributors International issued the following news release:
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New York Appellate Court Halts Refrigerant Ban Amid Public Concern Over Food Supply Impacts
Albany, NY -- The Appellate Division of the New York State Supreme Court, Third Department, has granted an injunction that prevents the New York State Department of Environmental Conservation (NYSDEC) from enforcing a ban on two refrigerants utilized in the commercial refrigeration systems of thousands of businesses across the state. The injunction will remain ineffect until the court determines if the broader regulation should be overturned. The decision comes as New Yorkers express growing concern about the affordability and operational impacts associated with the state's refrigeration regulations.
Prior to the injunction ruling, a new statewide survey commissioned by the Heating, Air-conditioning & Refrigeration Distributors International (HARDI) found strong public concern that the regulations could increase grocery prices, disrupt refrigeration repairs, and strain food supply operations throughout the state.
According to the survey, 71% of New York homeowners believe refrigerant regulations will increase costs for grocery stores and food retailers. Additionally, 87% said they would be concerned about higher food prices if refrigerant shortages or service delays disrupted grocery store operations.
The survey also found broad support for reconsidering regulations if they create affordability or supply chain concerns:
* 82% said regulations should be adjusted or delayed if they risk increasing food costs or causing supply disruptions.
* 65% believe refrigeration regulations could make repairs harder or contribute to store closures.
* 86% said reliable access to refrigerants for equipment repair and maintenance is important for grocery stores and food suppliers.
"These survey results confirm that consumers are worried about policies that disrupt refrigeration access and their consequences on grocery expenses," said Alex Ayers, HARDI's Vice President of Government Affairs. "The court's decision is a crucial opportunity for policymakers to fully evaluate the economic and operational impacts of these regulations on families and the broader food supply chain."
The survey further found that New Yorkers strongly favor balancing climate policy with affordability concerns. Eighty percent of respondents said the state should slow down or adjust regulations if they increase costs for homeowners, grocery stores, or everyday goods like food.
Despite the broad implications of Part 494, public awareness of the regulation remains limited. Seventy-one percent of respondents said they had not heard of Part 494 before taking the survey.
HARDI continues to urge the New York State Legislature to remedy the issues with Part 494 and prevent further economic harm to consumers and businesses.
The survey of 500 New York State homeowners who are U.S. citizens was conducted by YouGov between April 23 and May 4, 2026. The margin of error is +-5.4%.
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About HARDI
HARDI (Heating, Air-conditioning, and Refrigeration Distributors International) is the single voice of wholesale distribution within the North American and Latin American HVACR markets.
A non-profit association, HARDI serves its members through government affairs and advocacy efforts, market intelligence and benchmarking, training programs, and world-class events. HARDI proudly represents more than 570 distributor members and their 5,000+ branch locations, and close to 600 suppliers, manufacturer representatives, and service vendors. HARDI Distributor members serve installation and service/replacement contractors in residential and commercial markets, as well as commercial/industrial and institutional maintenance staff. HARDI Affiliate members market, distribute, and support heating, air-conditioning, and refrigeration equipment, parts, and supplies.
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Original text here: https://hardinet.org/posts/press-release/new-york-appellate-court-halts-refrigerant-ban-amid-public-concern-over-food-supply-impacts
[Category: Air Conditioning/Refrigeration]
NEMA Study Shows Widening Gap Between Surging Power Demand and Grid Capacity
ARLINGTON, Virginia, May 8 (TNSrpt) -- The National Electrical Manufacturers Association issued the following news release on May 7, 2026:
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New NEMA Study Shows Widening Gap Between Surging Power Demand and Grid Capacity
Updated Forecast Projects U.S. Electricity Demand Growth Exceeding 55% by 2050, Identifies Grid-Enhancing Technologies and Behind-the-Meter Solutions as Essential Near-Term Capacity Resources
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The National Electrical Manufacturers Association (NEMA) today released an updated edition of its landmark A Reliable Grid for an Electric Future study along with a suite of
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ARLINGTON, Virginia, May 8 (TNSrpt) -- The National Electrical Manufacturers Association issued the following news release on May 7, 2026:
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New NEMA Study Shows Widening Gap Between Surging Power Demand and Grid Capacity
Updated Forecast Projects U.S. Electricity Demand Growth Exceeding 55% by 2050, Identifies Grid-Enhancing Technologies and Behind-the-Meter Solutions as Essential Near-Term Capacity Resources
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The National Electrical Manufacturers Association (NEMA) today released an updated edition of its landmark A Reliable Grid for an Electric Future study along with a suite ofnew reports outlining the promise and potential of Grid-Enhancing Technologies (GETs), Behind-the-Meter (BTM) resources, and Demand Response to meet intensifying grid reliability, resilience, and affordability challenges - as well as the policy measures needed to deploy these solutions at scale.
The 2026 edition of A Reliable Grid for an Electric Future, updated by NEMA's Economics and Business Intelligence researchers, now projects U.S. electricity demand will rise more than 55% by 2050 - with the steepest growth concentrated in the current decade. The updated study finds that data centers alone are projected to account for 38% of net electricity consumption through 2037, driven by aggressive hyperscaler capital expenditure and the accelerating energy intensity of artificial intelligence workloads. Electric mobility electricity consumption is projected to grow 2,000% through 2050, and electricity's overall share of final energy delivered is expected to grow from 18% to 28% over the same period.
"A year ago, we sounded the alarm on the scale of what was coming," said NEMA President and CEO Debra Phillips. "Today's update makes clear that the trajectory has only steepened. The good news is that we don't have to wait for the next generation of infrastructure to begin closing the gap between grid capacity and real needs. Grid-Enhancing Technologies, Behind-the-Meter resources, and Demand Response are available now, proven at scale, and ready to deploy. As NEMA is advocating in Washington and beyond, what's needed is the policy framework, investment certainty, and regulatory clarity to invest, build, and deploy at the speed this moment demands."
Together, NEMA's updated A Reliable Grid for an Electric Future study and companion technical reports on GETs, BTM resources, and Demand Response make the case that the innovative technologies needed to address America's grid capacity shortfalls are commercially available today, and that concerted, urgent action by policymakers is needed to deploy them quickly and at scale.
Among other implications, NEMA's updated forecast meaningfully diverges from recent projections published by the U.S. Energy Information Administration (EIA), reflecting NEMA's assessment that the rate of change in data center power demand - and the broader electrification trend - is outpacing what conventional forecasting models are capturing.
NEMA's new study identifies a significant mismatch between the pace of demand growth and the pace of infrastructure delivery. While ultimately essential, traditional transmission and distribution expansion nevertheless require permitting, siting, and construction timelines that regularly exceed five years. At the same time, new large loads like data centers are being commissioned on timelines measured in months, not years.
"What we're seeing unfold on the grid is not a problem for the future - it's a real and intensifying present-day challenge," said MacLean Power Systems President Mike Plaster. "Demand is growing faster than the grid can physically expand, creating costly and potentially hazardous transmission and distribution capacity constraints. The answer isn't to stop building wires. It's to deploy advanced conductors, power flow controllers, microgrids, and other advanced systems to maximize the capacity of infrastructure that's already built and online."
NEMA's new technical reports on GETs, BTM resources, and Demand Response identify near-term, emerging solutions to make the grid more efficient, flexible, and resilient - including by transmitting more power over existing lines; distributing power generation, storage, and control resources; and optimizing the performance of large loads. Additionally, in each of these reports, NEMA outlines a host of policies that lawmakers and regulators can pursue to accelerate deployment of these technologies.
"Power demand is outpacing the ability to build new infrastructure. The grid needs long-term solutions that can modernize that infrastructure today," said S&C Electric Company President and CEO Anders Sjoelin. "The NEMA study correctly highlights the importance of deploying today's proven technologies to improve grid performance. At S&C, we see the greatest opportunity on the distribution grid, where 90% of outages occur. Automation and smart technologies on this portion increase grid resilience and have measurable impacts on power reliability."
To view the 2026 edition of A Reliable Grid for an Electric Future, click here. Also available on MakeItElectric.org are NEMA's technical reports on Grid-Enhancing Technologies (GETs), Behind-the-Meter (BTM) resources, and Demand Response.
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About NEMA
The National Electrical Manufacturers Association (NEMA) represents over 300 electrical equipment manufacturers that make safe, reliable, and efficient products and technologies that power, connect, and light our world. Together, our members contribute a full 1% of U.S. GDP and directly provide over 580,000 American jobs, adding more than $330 billion to the U.S. economy. Learn more at makeitelectric.org
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REPORT: https://www.makeitelectric.org/wp-content/uploads/Documents/Public/grid-reliability-study-nema-deck-2026-final.pdf
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Original text here: https://www.makeitelectric.org/newsroom/news/new-nema-study-shows-widening-gap-between-surging-power-demand-and-grid-capacity/
[Category: Industrial Materials]
NACDS Submits Comments to FDA on Expanding Access to Nonprescription Drugs
ARLINGTON, Virginia, May 8 -- The National Association of Chain Drug Stores posted the following news release on May 7, 2026:
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NACDS Submits Comments to FDA on Expanding Access to Nonprescription Drugs
Comments emphasize the importance of coordinated policy and operational alignment to support affordable and seamless patient access.
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The National Association of Chain Drug Stores (NACDS) today submitted comments to the U.S. Food and Drug Administration (FDA) in response to the agency's request for comments on Increasing Access to Nonprescription Drugs, expressing strong support for efforts
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ARLINGTON, Virginia, May 8 -- The National Association of Chain Drug Stores posted the following news release on May 7, 2026:
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NACDS Submits Comments to FDA on Expanding Access to Nonprescription Drugs
Comments emphasize the importance of coordinated policy and operational alignment to support affordable and seamless patient access.
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The National Association of Chain Drug Stores (NACDS) today submitted comments to the U.S. Food and Drug Administration (FDA) in response to the agency's request for comments on Increasing Access to Nonprescription Drugs, expressing strong support for effortsto expand access to over-the-counter (OTC) medicines while emphasizing the importance of coordinated policy and operational alignment to ensure patients can fully benefit from these changes.
FDA's request for comments comes as the agency explores expanding the scope of OTC product availability, including therapies that historically have only been available by prescription. NACDS noted that these changes could significantly reshape how patients access certain treatments and preventive care, creating new opportunities to improve convenience, timeliness of care, and healthcare access through neighborhood pharmacies and retail settings. At the same time, the Association emphasized that to ensure prescription-to-OTC transitions improve real-world access and do not unintentionally create new barriers for patients, additional policy and operational considerations must be addressed in tandem.
"NACDS strongly supports FDA's efforts to expand access to safe and effective nonprescription medicines," said NACDS President & CEO Steven C. Anderson. "Expanding OTC availability has tremendous potential to improve convenience, preventive care, and timely access to treatment for Americans nationwide. At the same time, successful implementation will require coordination across policymakers, regulators, payors, pharmacies, and other stakeholders to ensure these transitions improve affordability, accessibility, and patient care without creating unintended barriers for patients or unnecessary operational burdens for pharmacies and retailers."
In its comments, NACDS emphasized that insurance coverage will remain a key factor in ensuring patients can benefit from expanded OTC availability, particularly for newer therapies that may carry higher out-of-pocket costs if coverage is discontinued following a prescription-to-OTC transition. The Association encouraged coordination across federal agencies and policymakers to support affordable access to nonprescription products and related pharmacy services, including policies that encourage public and private payors to cover nonprescription therapies.
The Association also emphasized that successful expansion of OTC access will depend not only on FDA approval pathways, but also on whether reimbursement systems, state laws, retail workflows, and patient coverage policies evolve alongside these changes -- including policies that authorize pharmacists to facilitate access to nonprescription products when required for insurance coverage purposes.
NACDS also encouraged FDA to work collaboratively with stakeholders to promote streamlined, consistent, and operationally feasible implementation approaches for the emerging category of nonprescription products with additional conditions for nonprescription use (ACNU), including convening stakeholders to support standardized and scalable processes that verify for retailers that consumers have completed a product's screening or eligibility steps prior to purchase.
In addition, the Association highlighted the importance of modernizing reimbursement and payment systems to support seamless access to covered nonprescription products across retail settings. NACDS further emphasized the need to ensure pharmacists are recognized and reimbursed for the clinical services they provide to support the safe and effective use of nonprescription therapies.
The comments underscore the continuing role pharmacists will play in helping patients navigate treatment decisions, access appropriate care, and use nonprescription therapies safely and effectively. NACDS also encouraged policymakers to avoid imposing state-level restrictions or requirements that could create inconsistencies in patient access to nonprescription medicines across jurisdictions.
As policymakers continue exploring ways to expand access to nonprescription therapies, NACDS stands ready to work alongside FDA and other stakeholders to support thoughtful, coordinated implementation that benefits patients and communities nationwide.
Read NACDS' full comments (https://www.nacds.org/pdfs/FDA-NACDS-Cmts-on-Access-to-Nonprescription-Drugs.pdf?utm_campaign=3759456-NACDS%20Press%20Release%202024-2025&utm_medium=email&_hsmi=2&utm_content=2&utm_source=hs_email).
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Original text here: https://www.nacds.org/nacds-submits-comments-to-fda-on-expanding-access-to-nonprescription-drugs/
[Category: Business]
Multifamily Developer Confidence Holds Steady in First Quarter
WASHINGTON, May 8 -- The National Association of Home Builders issued the following news release on May 7, 2026:
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Multifamily Developer Confidence Holds Steady in First Quarter
The Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB) produced mixed results for the first quarter of 2026. The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 44, unchanged year-over-year, while the Multifamily Occupancy Index (MOI) had a reading of 69, down 13 points year-over-year.
The MPI measures builder and developer
... Show Full Article
WASHINGTON, May 8 -- The National Association of Home Builders issued the following news release on May 7, 2026:
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Multifamily Developer Confidence Holds Steady in First Quarter
The Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB) produced mixed results for the first quarter of 2026. The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 44, unchanged year-over-year, while the Multifamily Occupancy Index (MOI) had a reading of 69, down 13 points year-over-year.
The MPI measures builder and developersentiment about current production conditions in the apartment and condo market on a scale of 0 to 100. The index and all its components are scaled so that a number below 50 indicates that more respondents report conditions are poor than report conditions are good.
The MPI is a weighted average of four key market segments: three in the built-for-rent market (garden/low-rise, mid/high-rise and subsidized) and one in the built-for-sale (or condominium) market. The component measuring garden/low-rise units fell six points to 48, the component measuring mid/high-rise units increased seven points to 35, the component measuring built-for-sale units inched down one point to 37. Meanwhile, the component measuring subsidized units rose six points to 56--the only component above the break-even point of 50.
The MOI measures the multifamily housing industry's perception of occupancies in existing apartments on a scale of 0 to 100. The index and all its components are scaled so that a number above 50 indicates more respondents report that occupancy is good than report it is poor. The reading of 69 indicates existing apartment owners are positive about occupancy overall.
The MOI is a weighted average of three built-for-rent market segments (garden/low-rise, mid/high-rise and subsidized). Although all three components declined year-over-year, they all remained above the break-even point of 50. The component measuring garden/low-rise units fell 11 points to 71, the component measuring mid/high-rise units dropped 17 points to 59 and the component measuring subsidized units decreased nine points to 80.
"Multifamily developer sentiment is roughly where it was at this time last year, although the combination of regulatory hurdles, interest rates, insurance costs and volatility in material prices is threatening the viability of some projects," said Kip Lewis, director of construction management at OCCH in Columbus, Ohio, and chairman of NAHB's Multifamily Council. "Also, in some markets, developers are reporting that it has become more difficult to obtain permits for unsubsidized projects."
"The MPI and MOI continue to show that the market for garden and low-rise apartments typical of outlying areas is stronger than the market for mid- and high-rise apartments," said NAHB Chief Economist Robert Dietz. "The gap is narrowing year-over-year for new multifamily construction, however, while widening for the occupancy of existing apartments. NAHB is projecting that multifamily starts will increase slightly in 2026, but current production rates are unlikely to be sustained through 2027."
The MMS was re-designed in 2023 to produce results that are easier to interpret and consistent with the proven format of other NAHB industry sentiment surveys. Until there is enough data to seasonally adjust the indices, changes in the MPI and MOI should only be evaluated on a year-over-year basis.
For more recent information about the market, the survey contains a separate question asking multifamily developers to compare current market conditions to conditions three months earlier. In the first quarter of 2026, 21% of respondents said the current market is better, and 19% said it is worse. However, the majority of developers--60%--said that the market is currently about the same as it was three months ago.
For additional information on the MMS, visit nahb.org/mms.
For more information on the NAHB Multifamily program, please visit NAHB Multifamily (https://www.nahb.org/nahb-community/community-home/multifamily).
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Original text here: https://www.nahb.org/news-and-economics/press-releases/2026/05/multifamily-developer-confidence-holds-steady-in-first-quarter
[Category: Real Estate]
ALTA, Pennsylvania Land Title Association and AARP Applaud Attorney General Dave Sunday for Action Protecting Homeowners From Unfair MV Realty Contracts
WASHINGTON, May 8 -- The American Land Title Association issued the following news release on May 7, 2026:
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ALTA, Pennsylvania Land Title Association and AARP Applaud Attorney General Dave Sunday for Action Protecting Homeowners from Unfair MV Realty Contracts
The American Land Title Association (ALTA), the Pennsylvania Land Title Association (PLTA) and AARP today commended Pennsylvania Attorney General Dave Sunday for securing a settlement that terminates more than 1,300 MV Realty mortgages, cancels existing contracts with Pennsylvania homeowners and delivers meaningful relief to consumers
... Show Full Article
WASHINGTON, May 8 -- The American Land Title Association issued the following news release on May 7, 2026:
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ALTA, Pennsylvania Land Title Association and AARP Applaud Attorney General Dave Sunday for Action Protecting Homeowners from Unfair MV Realty Contracts
The American Land Title Association (ALTA), the Pennsylvania Land Title Association (PLTA) and AARP today commended Pennsylvania Attorney General Dave Sunday for securing a settlement that terminates more than 1,300 MV Realty mortgages, cancels existing contracts with Pennsylvania homeowners and delivers meaningful relief to consumersacross the commonwealth.
Under the agreement, all existing Homeowner Benefit Agreements MV Realty signed with Pennsylvania homeowners shall be null and void and MV Realty is required to pay partial restitution to consumers who paid early termination fees. Additionally, MV Realty and its officers are permanently prohibited from engaging in any business involving the purchase or sale of residential real estate in Pennsylvania.
"Attorney General Sunday's action sends a clear message: homeowners should never be trapped in deceptive agreements that cloud title and threaten their most valuable asset," said Caroline Cone, director of state government affairs, ALTA. "Protecting clear title and preserving the ability to sell or refinance a home are fundamental to consumer confidence and property rights."
MV Realty's contracts, which in some cases stretched for 40 years, offered upfront payments in exchange for exclusive listing rights and were recorded against properties in ways that could interfere with a homeowner's ability to sell, refinance or access home equity. Many homeowners reported they were unaware the agreement would result in a mortgage lien on their property.
ALTA, PLTA and AARP have worked alongside policymakers and consumer advocates nationwide to raise awareness about these types of agreements, often referred to as non-title recorded agreements for personal services (NTRAPS), and to advance solutions that protect homeowners from hidden risks.
"This settlement delivers significant relief for Pennsylvania homeowners and makes clear that deceptive real estate arrangements that tie up a family's home will not stand," said Jenn Jones, vice president of financial security and livable communities, government affairs, AARP. "AARP will keep working with state leaders and advocates nationwide to end these harmful practices and protect older homeowners' financial security."
ALTA has been actively engaged in supporting efforts to address NTRAPS, including developing consumer education resources, model legislative language and industry guidance to help prevent abusive practices that can encumber property rights.
"NTRAPS create clouds on title which cause various problems for unwitting homeowners. Such misleading encumbrances cause significant difficulties for the real estate closing process, of which the land title industry is a critical part," said Emanuel A. Chryssos Esq., CLTP, president, Pennsylvania Land Title Association. "We appreciate Attorney General Sunday's efforts in removing these burdens from Pennsylvania homeowners and restoring transparency to the marketplace."
"These contracts are alarming because they lock people into decades-long agreements that threaten their financial security and control over their own homes," said Bill Johnston-Walsh, AARP Pennsylvania state director. "Pennsylvania homeowners deserve transparency, fairness, and clear property rights--not hidden contracts that can derail a refinance, a sale, or an inheritance. AARP Pennsylvania is proud to stand with Attorney General Sunday, policymakers and our partners to ensure these predatory practices have no place in our housing market."
ALTA, PLTA and AARP will continue working with state leaders, industry partners and consumer advocates to advance protections against predatory real estate contracts and safeguard the integrity of property ownership nationwide.
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About ALTA
The American Land Title Association, founded in 1907, represents an industry comprised of more than 17,000 title insurance companies operating across the nation, with over 90% being small businesses.
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About the Pennsylvania Land Title Association
PLTA is the trade association for the title insurance industry in Pennsylvania. We represent the title agents and agencies, title insurance underwriters, real estate attorneys and other real estate professionals throughout the state. Our members are knowledgeable, dedicated professionals in the title industry who are your best resource to protect your property rights.
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Original text here: https://www.alta.org/news-and-publications/press-release/ALTA-Pennsylvania-Land-Title-Association-and-AARP-Applaud-Attorney-General-Dave-Sunday-for-Action-Protecting-Homeowners-from-Unfair-MV-Realty-Contracts
[Category: Real Estate]
ALTA, New England Land Title Association and AARP Applaud Massachusetts Attorney General Andrea Joy Campbell for Settlement Protecting Homeowners From Unfair MV Realty Contracts
WASHINGTON, May 8 -- The American Land Title Association issued the following news release on May 7, 2026:
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ALTA, New England Land Title Association and AARP Applaud Massachusetts Attorney General Andrea Joy Campbell for Settlement Protecting Homeowners from Unfair MV Realty Contracts
The American Land Title Association (ALTA), the New England Land Title Association (NELTA) and AARP today commended Massachusetts Attorney General Andrea Joy Campbell for securing a settlement with MV Realty that provides relief to homeowners and prevents the company from enforcing unfair agreements that burdened
... Show Full Article
WASHINGTON, May 8 -- The American Land Title Association issued the following news release on May 7, 2026:
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ALTA, New England Land Title Association and AARP Applaud Massachusetts Attorney General Andrea Joy Campbell for Settlement Protecting Homeowners from Unfair MV Realty Contracts
The American Land Title Association (ALTA), the New England Land Title Association (NELTA) and AARP today commended Massachusetts Attorney General Andrea Joy Campbell for securing a settlement with MV Realty that provides relief to homeowners and prevents the company from enforcing unfair agreements that burdenedresidential properties across the state.
Under the settlement, MV Realty must release mortgages connected to these agreements and is barred from enforcing the underlying contracts, helping protect Massachusetts homeowners from ongoing harm and preserving their ability to sell, refinance and access their home equity.
"Attorney General Campbell's leadership underscores an essential principle: homeowners deserve transparency, fairness and the freedom to make decisions about their property without hidden traps," said Caroline Cone, director of state government affairs, ALTA. "By taking action against these unfair agreements, Massachusetts is helping safeguard property rights and the integrity of land records."
MV Realty's agreements offered small upfront payments to homeowners in exchange for long-term exclusive listing rights and were recorded against properties in ways that could create serious complications for families trying to sell, refinance or otherwise transfer their homes.
"This settlement is an important step toward protecting homeowners from arrangements that can put hard-earned equity and long-term financial security at risk," said Jenn Jones, vice president of financial security and livable communities, government affairs, AARP. "AARP remains committed to working with state leaders and advocates nationwide to stop deceptive housing-related practices and ensure older adults can remain secure in their homes and communities."
ALTA, NELTA and AARP have worked alongside policymakers and consumer advocates nationwide to raise awareness about these kinds of agreements, often referred to as non-title recorded agreements for personal services, or NTRAPS, and to support stronger protections for consumers and the real estate marketplace.
"These agreements can create uncertainty in the land records and lead to unnecessary obstacles for homeowners and real estate transactions," said Mark Bennett, executive director, NELTA. "The New England Land Title Association appreciates the work conducted by the legislature and the governor to curb this type of predatory practice and protect the consumers of Massachusetts."
"For many older homeowners, home equity is a critical source of financial stability and independence," said Jen Benson, AARP Massachusetts state director. "AARP Massachusetts is grateful for Attorney General Campbell's action and proud to support efforts that help ensure residents can age in place and make decisions about their homes without unfair restrictions or hidden risks."
ALTA, NELTA, and AARP will continue working with state leaders, industry partners and consumer advocates to advance protections against predatory real estate agreements and safeguard homeowners' property rights.
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About ALTA
The American Land Title Association, founded in 1907, represents an industry comprised of more than 17,000 title insurance companies operating across the nation, with over 90% being small businesses.
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About New England Land Title Association
New England Land Title Association is the title industry's premier resource for Education, Information and Networking. Organized in 1970, NELTA is a non-profit trade association for professionals engaged in all aspects of the title industry in each of the New England states.
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Original text here: https://www.alta.org/news-and-publications/press-release/ALTA-New-England-Land-Title-Association-and-AARP-Applaud-Massachusetts-Attorney-General-Andrea-Joy-Campbell-for-Settlement-Protecting-Homeowners-from-Unfair-MV-Realty-Contracts-
[Category: Real Estate]
ALTA, Nevada Land Title Association and AARP Applaud Attorney General Aaron D. Ford for Settlement Protecting Homeowners From Unfair MV Realty Contracts
WASHINGTON, May 8 -- The American Land Title Association issued the following news release on May 7, 2026:
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ALTA, Nevada Land Title Association and AARP Applaud Attorney General Aaron D. Ford for Settlement Protecting Homeowners from Unfair MV Realty Contracts
The American Land Title Association (ALTA), the Nevada Land Title Association and AARP today commended Nevada Attorney General Aaron D. Ford and Nevada Consumer Affairs for securing a settlement that voids unfair long-term real estate contracts tied to MV Realty and delivers relief to homeowners across the state.
The settlement requires
... Show Full Article
WASHINGTON, May 8 -- The American Land Title Association issued the following news release on May 7, 2026:
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ALTA, Nevada Land Title Association and AARP Applaud Attorney General Aaron D. Ford for Settlement Protecting Homeowners from Unfair MV Realty Contracts
The American Land Title Association (ALTA), the Nevada Land Title Association and AARP today commended Nevada Attorney General Aaron D. Ford and Nevada Consumer Affairs for securing a settlement that voids unfair long-term real estate contracts tied to MV Realty and delivers relief to homeowners across the state.
The settlement requiresMV Realty remove any encumbrances tied to these agreements, confirms those agreements are void and unenforceable, waives requirements for consumers to repay promotional fees received under the agreements and requires restitution to Nevada consumers who previously paid early termination fees.
"Attorney General Ford's leadership sends a clear message: homeowners should never be trapped in predatory, long-term agreements that put their property rights at risk," said Caroline Cone, director of state government affairs, ALTA. "A home is often a family's most important asset, and protecting clear title is fundamental to preserving that security."
MV Realty's contracts, which in some cases stretched for 40 years, offered upfront payments in exchange for exclusive listing rights and were recorded against properties in ways that could interfere with a homeowner's ability to sell, refinance or access home equity.
"This settlement provides meaningful relief for Nevada homeowners and reinforces a simple principle: no one should have to put their home or their future equity at risk in exchange for a small upfront payment," said Jenn Jones, vice president of financial security and livable communities, government affairs, AARP. "AARP will continue working with state leaders and advocates across the country to stop predatory real estate schemes and make sure older homeowners are treated fairly."
ALTA, the Nevada Land Title Association and AARP have worked alongside policymakers and consumer advocates nationwide to raise awareness about these agreements, often referred to as non-title recorded agreements for personal services, or NTRAPS, and to advance solutions that better protect homeowners from hidden risks.
"These agreements created unnecessary complications in the land records and put consumers at risk," said Sylvia Smith Turk, co-chair of the Nevada Land Title Association legislative committee. "We appreciate Attorney General Ford and Nevada Consumer Affairs for taking decisive action to restore clarity and protect homeowners across Nevada, and we thank Assemblywoman Heidi Kasama for her efforts to protect homeowners throughout the state."
"These predatory agreements can be especially damaging for older homeowners who may be counting on their home equity for financial flexibility and security," said Tod Story, AARP Nevada state director. "AARP Nevada is proud to stand with Attorney General Ford and our partners to ensure Nevadans are not trapped by deceptive contracts that threaten their ability to sell, refinance or age in place."
ALTA, the Nevada Land Title Association and AARP will continue working with state leaders, industry partners and consumer advocates to advance protections against predatory real estate contracts and safeguard homeowners' property rights.
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About ALTA
The American Land Title Association, founded in 1907, represents an industry comprised of more than 17,000 title insurance companies operating across the nation, with over 90% being small businesses.
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About the Nevada Land Title Association
Nevada Land Title Association was founded in 1975. Its members have spent the last 50 years tracking legislation that directly impacts Nevada's land and title industry and consumers. NLTA is affiliated with American Land Title Association, a national voice of the title insurance industry that advocates for member concerns and standardizes products for industry use.
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Original text here: https://www.alta.org/news-and-publications/press-release/ALTA-Nevada-Land-Title-Association-and-AARP-Applaud-Attorney-General-Aaron-D-Ford-for-Settlement-Protecting-Homeowners-from-Unfair-MV-Realty-Contracts
[Category: Real Estate]