On Nov. 10, 2014, Fannie Mae published an update to its lender selling guide to improve and streamline its condo project approval process.
On Nov. 7, 2014, the Department of Veterans Affairs issued new guidance that allows veterans to negotiate the payment of wood destroying insect inspection fees in select southern and western states.
NAR has recommended that members not use drones in their brokerage business while NAR works with the FAA in creating rules for their commercial use.
As part of a wide-ranging set of recommendations to raise the bar on REALTOR® professionalism, the NAR Board of Directors at its Nov. 10 meeting in New Orleans approved the drafting of a proposed aspirational Code of Excellence to be brought to the board at a future meeting for approval. The goal is to raise the practice of real estate measurably through increased training in the competencies that consumers value.
On Oct. 28, 2014, NAR President Steve Brown submitted comments on the Federal Housing Finance Agency’s (FHFA) proposed rule to establish housing goals for the GSEs for 2015-2017.
On Tuesday, Nov. 18, 2014 at 2:00 PM EST the Consumer Financial Protection Bureau (CFPB) and the Federal Reserve will hold their 4th webinar on changes to the Real Estate Settlment Procedures Act (RESPA) and the Truth in Lending Act (TILA).