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Summary of New Qualified Mortgage (QM) Rule

NAR has been actively involved in shaping the debate and structure of the Qualified Mortgage (QM) Rule issued by the Consumer Financial Protection Bureau (CFPB) created by the Dodd-Frank Reform Act.  NAR achieved a significant victory in obtaining a safe harbor in the QM rule for loans underwritten to the automated standards of Fannie Mae/Freddie Mac, the Federal Housing Authority, Veterans Administration and Rural Housing Service (within their respective loan limits) for up to seven years.

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Pending home sales in March continued their recent momentum, rising for the third straight month and remaining at their highest level since June 2013.

Top economists gather at NAR to discuss housing market.

NAR's strategic investment arm, Second Century Ventures, has chosen seven organizations for the 2015 class of REach®, a growth technology accelerator program.

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REALTOR® TV

The Voice for Real Estate

The spring selling season reaches an 18-month high in March. Other stories: NAR urges the Senate to act on mortgage credit, and Sec. 502 direct loans.