The Housing and Insurance Subcommittee of the House Financial Services Committee last week passed the " FHA Emergency Fiscal Solvency Act" (no bill number yet).
Want to see which of your clients or colleagues may have “unfriended” you on Facebook? A third-party script program — not endorsed by Facebook — called Unfriend Finder notifies you whenever a “friend” decides to part ways with you. Your message will come to you in the same way as a friend request or message.
On Friday, January 27, 2012, NAR submitted an industry letter to Consumer Financial Protection Bureau (CFPB) Director Richard Cordray asking that the CFPB be more forthcoming in the underlying regulations governing the harmonization of disclosures and form under RESPA and TILA.
On February 1 the Federal Housing Finance Agency (FHFA) announced that it is now accepting applications for investors who wish to bid on transactions in the initial pilot projects to be offered in the Obama Administration’s plan to expedite the disposition of foreclosed properties held by Fannie Mae, Freddie Mac, and FHA.
As a result of a court order in mid-2011, the U.S. Fish and Wildlife Service will emabrk on an aggressive push in 2012 to place more species on the endangered list, thereby placing more property out of development and increasing restrictions on property rights.
On February 1 President Obama, speaking to a crowd in Falls Church, Virginia, detailed his plan to “help responsible homeowners and heal the housing market.” The plan calls for streamlined refinancing for potentially millions of borrowers with loans backed by Fannie Mae and Freddie Mac, while also creating a new FHA mortgage program to re-finance non-GSE mortgages.