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Realtors® to Regulators: Aligning QRM with QM Assures Safe, Sound Mortgage Lending

October 31, 2013: 

NAR believes that aligning the QRM definition with the QM definition removes the risky product features and low- or no-documentation lending that led to increased defaults, without excluding those buyers who are unable to afford a high down payment.

NAR President on Capitol Hill to Talk Government Guarantee, 30-Year Fixed

October 30, 2013: 

NAR President Gary Thomas was in Washington this week, where he testified on Capitol Hill about the importance of a government guarantee and the preservation of the 30-year fixed-rate mortgage. Gary provides a recap of his visit in his latest video podcast. Watch it now.

Realtors® Advocate Housing Finance System Overhaul That Protects Taxpayers and Access to Credit

October 29, 2013: 

On behalf of the leading advocate for homeownership and housing issues, NAR President Gary Thomas recommended essential reforms to the current housing finance structure that will benefit consumers.

Agencies Issue Private Flood Insurance Proposal

October 25, 2013: 

Five federal regulatory agencies are issuing a joint notice of proposed rulemaking to amend regulations pertaining to loans secured by property located in special flood hazard areas.

House Introduces Patent Litigation Reform Bill

October 25, 2013: 

On October 23, four members of the House Judiciary Committee introduced legislation to address the growing problem of patent litigation abuse.

Gov't Shutdown May Have Lingering Effects

October 22, 2013: 

The mortgage industry may face a few clogs in the pipeline following the two-week government shutdown.

NAR Video: No Time To Reduce Loan Limits

October 21, 2013: 

NAR and members of Congress say it's premature for the Federal Housing Finance Agency to consider reducing the size of loans Fannie Mae and Freddie Mac can back.

No Time To Reduce Loan Limits

October 21, 2013: 

NAR and members of Congress say it's premature for the Federal Housing Finance Agency to consider reducing the size of loans Fannie Mae and Freddie Mac can back.

NAR Testifies on Debt Ceiling

October 21, 2013: 

NAR President Thomas testified before the Senate Banking Committee telling Congress to raise the debt limit in a timely manner to avoid financial market disruptions.

Strategic Defaulters in Fannie and Freddie's Crosshairs

October 17, 2013: 

Fannie Mae and Freddie Mac are poised to step up efforts to collect unpaid mortgage debt from home owners who chose to go the route of strategic default.

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