FHA announced that it is extending the availability of the temporary waiver of its regulation 24 CFR 203.37a(b)(2) that prohibits the use of FHA financing to purchase single family properties that are being resold within 90 days of the previous acquisition.
Global Recognition awards were given to a number of REALTORS® and REALTOR® associations during the 2012 REALTORS® Conference & Expo in Orlando, Fla. Read about the awards and recipients, who were honored at the International Night Out dinner and awards ceremony.
FHA released their Annual Report to Congress and the Actuarial Review of the 2012 Financial Status of the FHA Mutual Mortgage Insurance Fund.
NAR submitted comments to the Consumer Financial Protection Bureau (CFPB) on the 1100 page RESPA/TILA harmonization regulatory proposal.
The U.S. Fish and Wildlife Service and the National Marine Fisheries Service (NOAA Fisheries) have reopened the public comment period on a joint proposal to simplify the process of identifying habitat essential to the survival and recovery of species protected by the Endangered Species Act (ESA).
On Nov. 9, 2012, the Federal Reserve Board, the OCC, and the FDIC announced that proposed rules to implement the Basel III regulatory capital accords will not take effect on Jan. 1, 2013.