NAR 2009 Midyear Legislative Meetings & Expo - Legislative/Regulatory News
From May 11 through May 16, 2009 visit this page for the latest legislative and regulatory news coming from NAR's Midyear Legislative Meetings and Trade Expo in Washington, D.C.
See also:
Highlights from NAR's Real Estate Summit>
2009 Midyear & Expo Live>
Midyear Blog>
| 5/15/2009 | Realtors® Explore Land Use Challenges |
| Smart growth, military base development, disaster insurance, and pine beetle infestation were among issues Realtors® shared at the Land Use, Property Rights and Environment Forum. | |
| Realtors® Help Buyers, Sellers Navigate Short Sale Transactions | |
| Realtors® attending the Housing Opportunity Forum at the Realtors® Midyear Legislative Meetings and Trade Expo gain insight on assisting buyers and sellers with short sales. | |
| 5/14/2009 | Economy, Lack of Credit Hobble Commercial Real Estate |
| Credit availability and refinancing issues have seriously affected commercial real estate, but recent actions by Federal Reserve may ease crisis. | |
| Uniform Process for Short Sales Will Help Struggling Homeowners, Say Realtors® | |
| Help is on the way for many home owners who are facing foreclosure, thanks to new details under the Making Home Affordable Program. | |
| Realtors® See Buyers Returning to Market | |
| High housing affordability and low interest rates, combined with opportunities among distressed sales, have increased home sales in many areas. | |
| Realtors® Use New Visa Types to Open Doors for Foreign Buyers | |
| Realtors® met today with experts on immigration issues and international economics at the Realtors® Midyear Legislative Meetings and Trade Expo. | |
| 5/13/2009 | Jumbo Mortgage Market is Holding Recovery Back, Realtors® Report |
| To resolve the issues in the jumbo mortgage market, NAR advocates that Congress and the administration make permanent the current rules for determining limits that apply in 2009, use the Term Asset-Backed Securities Loan Facility (TALF) to buy jumbo loans, and increase lender competition by loosening warehouse line of credit. | |
| Realtors® Deliver Real Estate Agenda to Elected Officials | |
| As Realtors® from across the country gather this week for the National Association of Realtors® Realtors® Midyear Legislative Meetings & Trade Expo, they come committed to continue working with Congress and the administration on efforts to stimulate the housing market. | |
| 5/12/2009 |
Realtors® to Carry Economic Recovery Goals to Capitol Hill |
| Thousands of Realtors® from across the country joined forces today with top industry experts from the housing, finance, government, academia and media arenas to inspire legislative and public policy action to stabilize the real estate market and spur economic recovery. | |
| Credit is Key to Real Estate Recovery | |
| Improving the availability of credit and access to capital are essential to recovery in the real estate market. Addressing these challenges was the focus of the "Financing Real Estate for Tomorrow" session, part of the National Association of Realtors®' daylong “Real Estate Summit: Advancing the U.S. Economy.” | |
| HUD Secretary Announces Monetization of Tax Credit at NAR Real Estate Summit | |
| Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said that the Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a downpayment. |
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| 5/11/2009 |
Top Minds Highlight NAR Real Estate Summit to Advance the U.S. Economy |
| “The Real Estate Summit: Advancing the U.S. Economy” kicks off a week of NAR meetings that run through Saturday. Government officials, academics, business leaders, economists, media members and real estate industry experts will participate in the summit. | |
