Diversified Real Estate Firms
NAR's Real Estate Services group works in collaboration with the Real Estate Services Advisory Board to support diversified real estate firms.
WHAT'S NEW
June 15, 2009
June 2009 RES Update
Topics in this month's edition include guidance from HUD for using the first-time homebuyer tax credit on FHA loans, extension/expansion of the homebuyer tax credit by Congress, information on the Obama Administration's Foreclosure Alternatives Program (FAP) which provides incentives and uniform process for short sales, and real estate energy labeling issues.
May 15, 2009
May 2009 RES Update
Topics in this month's edition include information on state housing finance agencies programs to provide bridge loans to first-time home buyers eligible for the credit, expansion of the Making Home Affordable program to permit modification of second mortgages, NAR's calls for delaying implementation of HVCC and information on the "American Clean Energy and Security Act", among other topics.
May 14, 2009
RES Forum: Fixing the Jumbo Mortgage Market
Today at NAR's Midyear Conference in Washington, DC, the Real Estate Services group held a forum to examine how the jumbo mortgage market impacts the real estate industry. During this Forum, the panelists provided insights on what is going on in this market discussed solutions for restoring reasonable financing.
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Uniform Short Sales Process To Help Struggling Home Owners
Help is on the way for many home owners who are facing foreclosure, thanks to new details under the Making Home Affordable Program.
Detailed guidelines
May 13, 2009
Jumbo Mortgage Market is Holding Recovery Back, Realtors® Report
Limited availability and unusually high interest rates in the jumbo loan market are adversely affecting the rest of the housing market. This is just one of the insights from recent NAR research on the Impact of the Jumbo Mortgage Credit Crunch, released today at the Realtors® Midyear Legislative Meetings & Trade Expo.
Read the Executive Summary
April 15, 2009
April 2009 RES Update
Topics in this month's edition includes IRS' filing guidance on first-time home buyer tax credit, NAR's comments on RESPA's "required use" definition, Fannie Mae guidelines for loan limits in high cost areas, and warehouse lending issues, among other topics. We have also included information on several forums that may be of interest to you at next month's Midyear Legislative Meetings & Trade Expo in Washington, DC.
March 13, 2009
March 2009 RES Update
Topics in this month's edition include the "Making Home Affordable Program" guidelines, recent announcements from Fannie Mae and Freddie Mac on refinancing and short sales, NAR's new "Right Tools, Right Now" initiative and its "Foreclosure Prevention and Response Program", among other topics.
Market Reports and Analysis
"Introduction to Short Sales for the Real Estate Professional" Webinar
Recently, Freddie Mac held a webinar conference call entitled "Introduction to Short Sales for the Real Estate Professional". The following topics were discussed: Freddie Mac's mission to homeowners; key statistics on delinquencies and workouts; understanding the real estate professional's perspective on the current environment; retention and liquidation workout options; and a focus on short sales.
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The latest data and information from NAR’s Research Division
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RESPA
Webinar on Final RESPA Rule
To clarify some of the confusion surrounding NAR's position, and other industry stakeholders views on the final RESPA rule, NAR hosted a web conference featuring RESPA attorney Phil Schulman. During this conference, Mr. Schulman discussed the main aspects of the new RESPA rule and where key industry stakeholders stand.
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Compliance information and other resources useful to REALTORS® and other real estate professionals.
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Federal Issues
View the latest from NAR’s Government Affairs and Regulatory Industry Relations on what NAR is working on in Congress and the Executive branch.
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Legal Resources
Useful information and updates on legal issues affecting the industry and how you do business
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About Consumers
Information, data, and resources on consumers
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Additional Links
Links to information, tools, resources from NAR and other sources that are valuable to diversified real estate firms, their agents and employees, and the public.
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