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Spotlight on Mexico

March 25, 2013: 

Mexico is the number one destination for American baby-boomers who retire abroad. Learn about the opportunities Mexico offers for global real estate professionals.

Anti-Money Laundering Guidelines for Real Estate Professionals

November 15, 2012: 

The purpose of this fact sheet and suggested voluntary guidelines is to increase real estate professionals’ awareness, knowledge, and understanding of the potential money laundering risks surrounding real estate and enable them to identify practical measures to mitigate the risks.

Flood Insurance Reform Act of 2012: Section by Section Highlights

November 7, 2012: 

On July 6, 2012, President Obama signed into law the Surface Transportation Bill (H.R. 4348), which re-authorizes the National Flood Insurance Program (NFIP) through 2017. This reauthorization brings long-needed certainty to real estate transactions in the 21,000 communities nationwide where flood insurance is required for a mortgage.

Update on Flood Insurance Rate Increases

June 10, 2013: 

With NAR’s support, Representatives Bill Cassidy (R-LA) and Maxine Waters (D-CA) have successfully attached an amendment to the Homeland Security Appropriations Bill to delay removal of “grandfathered” flood insurance rates for one year.

NAR Comments on Proposed QM Changes

June 7, 2013: 

On Monday, June 3, 2013, NAR President Gary Thomas submitted comments to the Consumer Financial Protection Bureau (CFPB) on further proposed revisions to the Ability-to-Repay or Qualified Mortgage (QM) rule. These changes provide more flexibility for lenders to qualify borrowers under the QM safe harbor standard which provides certain protections from liability in connection with the ability to repay determination.

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