I’ve talked with several realtors about these lending guidelines, and none of them knew anything about it. I was surprised that they are so poorly informed about something that could potentially bring real estate transactions to a screeching halt. The spouse of a lender had not even heard of the guidelines, one realtor didn’t know that the lender is now required to verify income via IRS tax records (she said that stated income will still go no, but that’s not true), and the other had heard nothing about it. I thought the NAR keeps their realtors informed, but I think all they do is collect dues and sell forms.