NAR Treasurer Bill Armstrong updates members on a policy proposal that could be disastrous for commercial real estate. It's called QCRE, and it refers to "qualified commercial real estate" loan standards proposed by the Dodd-Frank Financial Reform Law.
2011 NAR President Ron Phipps talks about once again battling government policies that prevent consumers from getting mortgages. He discusses the pitfalls of the qualified residential mortgage (QRM) policy proposal requiring consumers to put 20 percent down to make a mortgage "safe." He also talks about the dangers of the current FHA, Fannie Mae, and Freddie Mac loan limits set to expire on Sept. 30, and asks REALTORS® to answer the call for action to make them permanent.
In this month's edition of the Commercial Podcast, NAR Treasurer Bill Armstrong urges all REALTORS® to answer the Call for Action on the MID. He also updates members on the commercial market forecast and our work to bring prosperity back to commercial real estate.
NAR President Ron Phipps asks us to pause and take time to remember the sacrifices of the men and women of the military and our veterans in a special Memorial Day message to members.
2011 President Ron Phipps thanks our military for protecting our freedoms and calls on REALTORS® to stand together as home owners in Washington and support fellow REALTORS® who have lost their homes in Alabama and other states.
Attorney Cindy Wheeler discusses the Environmental Protection Agency's regulations regarding lead-based paint disclosures.