On December 13, 2013, NAR President Steve Brown sent a letter to Charles Coulter, Deputy Assistant Secretary for Single Family Housing, concerning the draft FHA Single Family Handbook.
On December 12, 2013, The Federal Reserve Board, along with five other federal regulatory agencies, issued a final rule to exempt a subset of higher priced mortgage loans (HPML) from certain appraisal requirements.
The Office of the Comptroller of the Currency (OCC) Mortgage Metrics Report uses standardized definitions for three categories of mortgage creditworthiness: prime, Alt-A, and subprime.
Letter from Realtor.com® President Errol Samuelson:
Realtor.com® is the consumer website for the National Association of REALTORS®. Its primary purpose is to connect REALTORS® with consumers in the digital world. This is a mandate we take seriously.
Realtor.com® is also a self-supporting entity operated by a for-profit company that does not utilize any NAR dues. No NAR funds are contributed toward the operation of realtor.com.
Making Smart Growth Happen
High Point, N.C. — Creating a year-round downtown destination
Cities dream about becoming a world-wide destination. But it’s not necessarily a dream come true when the city is a destination only twice a year.
Passenger trains figure large through the Northeast, along the California coast and centered on Chicago. Elsewhere, they’re a lifeline for towns no longer served by bus and for people that don’t drive cars.
I ride trains by choice and never tire of looking out windows at woods barely beyond touch, captured by misty mornings and the nighttime assemblies of riders waiting to board from under old platform sheds in dim light.