News from May 2009
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 content
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
