On May 8, 2013, NAR Immediate Past President Moe Veissi testified at a Consumer Financial Protection Bureau field hearing on the impact that growing student debt will have on the ability of consumers to access mortgage credit, particularly first time homebuyers.
On Tuesday May 14, 2013 Senator Joe Manchin (D-WV) and Senator Mike Johanns (R-NE) introduced S. 949 "The Consumer Mortgage Choice Act" in the United States Senate. The legislation addresses discrimination in the calculation of fees and points under the 3% cap on fees and points in the Qualified Mortgage rules.
Experts applauded Realtors® for their commitment to keeping housing a top priority for the nation and staying engaged in the debate over future housing policies at today's Legislative and Political Forum during the Realtors® 2013 Midyear Legislative Meetings & Trade Expo.
Realtors® from across the nation will be meeting with regulators, lawmakers and industry leaders in Washington this week during the Realtors® Midyear Legislative Meetings & Trade Expo.
Banks play a vital role in the housing market. And just as banks are important, so is protecting the interests of consumers.
Pending legislation to even the tax-collection playing field between Internet retailers and bricks-and-mortar retailers is an important issue for commercial real estate professionals, because their clients face a disadvantage against out-of-state Internet retailers on tax collection.
On March 18, 2013, NAR, in coalition with other industry groups, sent a letter to the Senate in support of a proposed amendment to the fiscal year 2014 Senate Budget Resolution which would implement S. 336, the Marketplace Fairness Act.
Fifty-one bipartisan members of the U.S. House of Representatives sent a letter to Acting Administrator of the EPA Robert Perciasepe addressing the EPA’s recent proposed rule on lead paint in commercial buildings.
2013 NAR President Gary Thomas has great news to share about the Consumer Mortgage Choice Act, a bipartisan legislative effort that clarifies how points and fees are calculated and ensures consumers have access to affordable mortgage credit.
President Gary Thomas testified at a hearing of the House Ways and Means Committee entitled “Tax Reform and Residential Real Estate.”