The Fiscal Year 2015 Omnibus Appropriations bill contained a provision which prohibits HUD, FHA, or Ginnie Mae's involvement in the eminent domain scheme developed by Mortgage Resolution Partners and considered by more than a dozen municipalities across the country.
Session had mixed results for REALTORS®.
On December 9, 2014, the U.S. Senate Banking Subcommittee on Housing, Transportation, and Community Development held a hearing entitled, “Inequality, Opportunity, and the Housing Market.”
On December 11, 2014 NAR held a webinar on changes to the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act (TILA) under the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Find out which U.S. cities were of greatest interest to foreign buyers during October 2014, and which countries the buyers were from.
On December 10, 2014, the U.S. Department of Veterans Affairs (VA) released its 2015 Loan Limits.