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NAR Meets with FHFA on Short Sales

February 27, 2012: 

On February 15, 2012, the National Association of REALTORS® met with representatives from Fannie Mae and Freddie Mac (the government-sponsored enterprises or GSEs), and GSE regulator, the Federal Housing Finance Administration, toidentify issues impeding the short sale process.

CFPB Issues Outline of RESPA/TILA Rule Proposal

February 27, 2012: 

On Tuesday, Feb. 21, 2012, the Consumer Financial Protection Bureau (CFPB) issued a 42 page outline of issues to be considered in crafting the underlying RESPA/TILA regulations to govern a harmonized RESPA/TILA form set.

FHFA Releases Blueprint for Further GSE Reforms

February 27, 2012: 

On Tuesday February 21, 2012 the Federal Housing Finance Agency released a blueprint for further reforms of Fannie Mae and Freddie Mac (GSEs).

HUD Announces Proposed Rule to Reduce Permitted Seller Concessions

February 27, 2012: 

This week the US Department of Housing and Urban Development (HUD) announced a proposed rule on permitted seller concessions for loans insured by the Federal Housing Administration (FHA)http://www.hud.gov/.

FCC Adopts New Telemarketing Rules

February 20, 2012: 

On February 15, the Federal Communications Commission (FCC) unanimously adopted new restrictions on autodialed and prerecorded telemarketing calls, commonly referred to as “robocalls.” The action is designed to harmonize the FCC's Telephone Consumer Protection Act (TCPA) rules with the Federal Trade Commission's Telemarketing Sales Rule (TSR.)

Government Extends Period to Request Review of Foreclosure Handling to July 31

February 20, 2012: 

Borrowers who faced foreclosure in 2009 or 2010 may be eligible for a free independent review of their foreclosures and they now have until July 31, 2012 to make a request for that review.

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