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March 13, 2012

Like many counties across America, Loudoun County, Virginia, is known for its thriving business environment and exceptional quality of life. Yet it faces a housing challenge that could dramatically change the future—and face—of this area.

Over the past several years, Loudoun County’s high-priced real estate market has rapidly exceeded the budgets of the county’s workforce—teachers, law enforcement officers, and retail workers. The average home price climbed from $280,696 in 2000 to $514,787 by the end of 2006.
March 12, 2012
On March 9, 2012, the Federal Housing Finance Agency (FHFA, the conservator of Fannie Mae and Freddie Mac, or the GSEs) released details on the implementation of the new FHFA strategic plan through the use of a “2012 Conservatorship Scorecard”.
March 12, 2012
On February 15, 2012, Freddie Mac released an update to its servicing guide, reinforcing the requirement that servicers must waive all rights to seek deficiencies for short sale and deed-in-lieu of foreclosure transactions on Freddie Mac Mortgages.
March 12, 2012
On March 7, 2012, the Federal Housing Finance Agency Office of Inspector General (FHFA-OIG) released a report on FHFA’s supervision of Freddie Mac.
March 12, 2012
On March 6, 2012, Fannie Mae announced that it will soon implement policy changes to its Lender-Placed Insurance (LPI) requirements.
March 12, 2012
The Obama Administration announced two initiatives to help homeowners and their families. The Administration is reducing fees for Federal Housing Administration (FHA) borrowers seeking to refinance and providing relief to servicemembers and veterans.
March 12, 2012
On March 5, 2012, NAR President Moe Veissi submitted comments to the Consumer Financial Protection Bureau (CFPB) on efforts to streamline regulations inherited by the CFPB.
March 10, 2012

Does the Code of Ethics require disclosure of a possible short sale?
March 6, 2012
It’s not surprising to learn that the members who are least likely to adapt to new technology are those who have been successfully practicing real estate for 30 years or more. Often, these members have to be pushed to register for classes online, take the online ethics course, pay dues online with a credit card, or visit your Web site to print out new resources like forms and PDF brochures. Below are some tips for getting your “seasoned” members to use technology, and maybe even embrace it.
March 5, 2012
Starting March 20th and 22nd, 2012, the Treasury Department, in collaboration with the National Association of REALTORS®, will hold Making Home Affordable “Help for Homeowners” outreach events in California.