The National Association of REALTORS® commends the U.S. Senate for approving the nomination of Mayor Julian Castro to serve as the Secretary of the Department of Housing and Urban Development.
Senate takes first step to extend tax relief for distressed homeowners; bipartisan bill extends key expired tax provisions for two years.
On June 30, 2014, NAR President Steve Brown sent a letter to Federal Housing Administration (FHA) Commissioner Carol Galante in support of FHA’s efforts to reduce mortgage insurance premiums for first-time buyers through its Homeowners Armed with Knowledge program, or HAWK.
On June 26, FEMA released guidance related to providing refunds to property owners that overpaid for flood insurance.
As of July 1st, 2014, Canada has new requirements for senders of commercial emails sent to or within Canada that differ from the U.S. requirements.
On June 19, 2014, the House Judiciary Committee approved H.R. 3086, the Permanent Internet Tax Freedom Act, by a vote of 30-4.