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USDA Unveils Rural Refinance Pilot

February 13, 2012: 

The US Department of Agriculture’s (USDA) Rural Development announced a pilot refinance program for the Single Family Housing Guaranteed Loan Program (SFHGLP).

Treasury Department Holding Short Sale Outreach Event for Real Estate Professionals

February 13, 2012: 

Starting February 22, 2012, the Treasury Department, in collaboration with the National Association of REALTORS®, will hold Making Home Affordable “Help for Homeowners” outreach events across the country.

House Subcommittee Passes Section 8 Reform Bill

February 13, 2012: 

Last week the Insurance and Housing Subcommittee of the House Financial Services Committee passed a the "Affordable Housing and Self-Sufficiency Improvement Act of 2012" (AHSSIA, no bill number).

NAR Supports Internet Sales Tax Fairness

February 13, 2012: 

On February 1, 2012, NAR, along with dozens of other organizations sent a letter to the U.S. Senate Finance Committee as well as a letter to the Chairman of the Committee (Sen. Baucus, D-MT) asking for support of S.1832, the Marketplace Fairness Act.

Fannie Mae Announces New Online Offer System

February 13, 2012: 

On February 7, 2012, Fannie Mae announced the rollout of its online offer system for offers made on Fannie Mae-owned properties listed on the company's REO website, www.HomePath.com.

Federal Government and 49 States Enter into $25 Billion Mortgage Servicing Settlement

February 13, 2012: 

On Thursday, February 9, 2012 the federal government and 49 states entered into a settlement dealing with the mortgage servicing issues emanating from the foreclosure crisis of the last few years including the "robo-signing" scandal.

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