The document summarizes recent changes to the DTPA as it relates to real estate brokers and agents, important federal issues impacting the real estate industry, and a new citation program for ethics violations in Texas. Specifically, the DTPA was amended to exempt real estate professionals from claims except for express misrepresentations, failure to disclose, or unconscionable actions. It also discusses proposed federal standards for qualified residential mortgages and efforts to preserve the mortgage interest deduction and role of Fannie Mae and Freddie Mac. Finally, it outlines ethics violations that could result in citations and fines under the new faster resolution program in Texas.