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Week of May 4, 2007
REMINDER: ALL FLYERS ARE INCLUDED IN THE WEEKLY
BROKER FAX

Final Days to Make
Nominations The Coastal
Association of REALTORS® is looking for suitable candidates
for the following awards:
- Rookie of the Year
- REALTOR® of the Year
- MAR Community Service
Award (goes to an individual)
Deadline to submit nominations is
FRIDAY, MAY 18. Please submit names to cindyc@coastalassociationofrealtors.com.
 Deadline Extended to May 18!
AND NOW, WIN A $100 GAS CARD!
Every year, CAR members
volunteer thousands of hours of their time to charitable
causes. This year CAR will again be recognizing everyone who
has contributed to his or her community in the summer issue of
Currents. Now is your time to shine—tell us what you
did for your favorite community, school, charity or non-profit
organization by completing a survey.
Everyone who completes the
survey will be recognized and will entered into a drawing to
win a $100 GAS CARD! And, any information will be
used to help CAR win another MAR C.A.R.E. Award! Last year, CAR won Third Place ($1,000).
Help us win FIRST PLACE this year
($10,000)!
 NAR Midyear Meetings
& Trade Expo—10 Days Away!
Once again this
year, NAR’s Midyear Legislative Meetings and Trade Expo will
be held in Washington, DC. The meetings are FREE and are
scheduled for May 14-19 and registration for the event is now
open online. Click
for more information or to register
today.
 ALSO: MAR Events During
Midyear In conjunction with
our NAR Midyear Meetings, MAR has Capitol Hill
Visits scheduled with the Maryland Delegation on
Wednesday, May 16, and Thursday, May 17. The Midyear
Meetings provide an opportune time to meet with your
Congressmember. Please contact sheryl.bergman@mdrealtor.org if you are
interested in participating in the NAR Midyear Hill Visits.
Most of the meetings are scheduled between 1 to 4:30 p.m. on
Wednesday, and 10 a.m. to 2:30 p.m. on Thursday in half-hour
intervals. Federal Talking Points will be sent to those who
have signed up prior to the meeting. MAR’s Congressional
Reception honoring RPAC Major Donors and the Maryland
Congressional Delegation will be held Wednesday, May 16, from
5:30 to 7:30 p.m. Hill Visit attendees are invited to the
reception and invitations will be sent directly to RPAC Major
Donors.
 MAR Committee
Sign-Up The 2007-2008 Committee Volunteer Form is now
online. If you are already on a MAR committee, you do not
automatically retain your status—you MUST fill out a form for
next year. The form has been changed somewhat, and submissions
are only being accepted online. Deadline for
submissions is May 21. Please do it ASAP to retain a
seat on your selected committees. The direct link is www.mdrealtor.org/cvf2007.aspx.
 Registration is
Open!
For the
MAR ANNUAL CONFERENCE & TRADESHOW
September 10-12 in
Ocean City. Register now for education classes & Fun Day
Events. This year, online conference registration allows you
to: Make any class changes online, purchase additional
tickets, and receive an improved Registration Confirmation.
COST: 3-day Registration—$175 now through
May 15; $50 discount for Rookie REALTORS®. Once
you have successfully entered your NRDS#, please review your
contact information, and scroll down to “REGISTRATION TYPE” to
choose the registration type that applies to you. Then
continue registering. Register
now!
 Reverse Mortgages Boom While the Rest of the
Industry Swoons Bank of
America’s big move into reverse mortgages last week—acquiring
Seattle Financial Group, the number three originator—is a sign
of where the industry is headed: Gearing up for real
estate-rich baby boomers. Look for larger, less costly reverse
loans that can be used to buy a primary home, a second home or
refinance an existing mortgage. Volume in government-backed
reverse mortgages soared by 77 percent last year. Ken Harney reports.
 Weak
Home Sales, Lower Consumer Confidence Allow Mortgage Rates to
Dip Last Friday, Freddie Mac
released the results of its Primary Mortgage Market Survey
(PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged
6.16 percent with an average 0.5 point for the week ending
April 26, down slightly from the previous week when it
averaged 6.17 percent. Last year at this time, the 30-year FRM
averaged 6.58 percent. Full
story>>>
 Ocean City Lions Club Bone Marrow Drive
The Ocean City Lions Club will
hold a bone marrow drive on May 16 from 9 a.m. to 5 p.m. at
the Atlantic Methodist Church (4th Street in Ocean City).
Donors may be between the ages of 18-60 and only a simple
mouth swab test is needed. For further information, please
contact Kasey Quillin at jkquillin@mchsi.com
or call 410-352-3701. Full
details>>>
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