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The National Association of Realtors® supports legislation introduced today that provides sensible reform of the secondary mortgage market and protects the interest of taxpayers.
Reforming the secondary mortgage market is essential to ensuring a reliable source of mortgage lending for consumers in all types of markets and is integral to the nation’s economic and housing recovery.
Public and private sector workers in the northwestern U.S. have limited access for affordable housing. In response, the National Association of Realtors®, in partnership with the National Housing Conference, will host a forum today in Portland, Ore., to address this crisis and encourage efforts to make housing more affordable to working class families.
The Federal Housing Administration mortgage insurance program plays an important and vital role in the nation’s housing financing system and has shown tremendous leadership and strength during the economic crisis, the National Association of Realtors® said in testimony today.
Pending home sales rose strongly in October and remain above year-ago levels, according to the National Association of Realtors®.
Commercial real estate markets have been relatively flat this year, but improving fundamentals mean a more positive trend is expected in 2012, according to the National Association of Realtors®.
The Housing Opportunity Program Grants, a National Association of Realtors® grant program, has presented $62,500 to 19 local and state Realtor® associations. Those associations will use the funds to promote and expand affordable housing opportunities in their communities.
Existing-home sales improved in October while the number of homes on the market continued to decline.
The National Association of Realtors® commends Congress for reinstating the loan limit formula and maximum cap for Federal Housing Administration-insured loans for two years.
Maurice “Moe” Veissi, a Realtor® from Miami, was installed today as 2012 president of the National Association of Realtors® at the association’s Board of Directors meeting during the 2011 Realtors® Conference & Expo.