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Extension of Mortgage Cancellation Relief Goes Forward

August 3, 2012: 

The Senate Finance Committee has crafted and sent to the full Senate a package that would extend the mortgage relief provision for an additional year, through December 31, 2013.

Senate Passes Foreign Investment Bill

August 3, 2012: 

The Senate passed S. 3245, which reauthorizes the EB-5 regional center program that allows foreign investors to channel investment funds into American businesses and developments for three years.

Coalition Urges Extension of Rural Housing Programs

August 3, 2012: 

On Sept. 30, more than 900 communities who currently are eligible for housing programs under the Rural Housing Service in the Department of Agriculture become ineligible.

Senate Committee Conducts Hearing on Section 8 Reform

August 3, 2012: 

Last week the Senate Banking Committee convened a hearing on "Streamlining and Strengthening HUD’s Rental Housing Assistance Programs."

New Summary Explains the 3.8% Tax

August 3, 2012: 

NAR has prepared a new guide to explain in easy-to-understand language what REALTORS® need to know about the 3.8% tax and health care reform.

VA Loan Limits Reinstated, VA ARMs Made Permanent

August 3, 2012: 

President Obama is expected to soon sign a bill that will reinstate the higher VA loan limits, and will make the VA ARM programs permanent.

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