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Government Shutdown Ends

October 16, 2013: 

On Oct. 16, the House of Representatives passed a bill ending the shutdown of the federal government. The bill was passed by the Senate earlier in the day. President Obama has signed the bill into law.

Ginnie Mae President Talks Secondary Mortgage Market Reform

October 16, 2013: 

Ginnie Mae President Ted Tozer sits down with NAR Vice President Joe Ventrone to explain why a continued federal role in the secondary market is key to a successful mortgage finance system in the U.S.

Loan Limit Activity

October 11, 2013: 

Sixty-six Members of the House of Representatives weighed in with FHFA Acting Director DeMarco urging him not to lower the Freddie Mac and Fannie Mae loan limits.

NAR on FHFA's Loan Limits: Don't Drop Them

October 10, 2013: 

NAR, along with the Mortgage Bankers Association, the National Association of Home Builders, and others, urged the FHFA in a recent letter to regulators to delay its proposal to reduce the loan limits.

Realtors® Warn Congress Default Could Have Severe Impact on Housing Market

October 10, 2013: 

NAR testified today before the Senate Committee on Banking, Housing and Urban Affairs that defaulting on the nation's federal debt could be disastrous for the U.S. economy and catastrophic for the housing recovery.

Senators Urge FHFA Not to Change Loan Limits

October 4, 2013: 

13 Senators last week sent a letter to FHFA Acting Director DeMarco urging him not to lower the Freddie Mac and Fannie Mae loan limits.

Flood Insurance PAG Holds First Meeting

October 4, 2013: 

Earlier this past summer, NAR President Gary Thomas appointed a Presidential Advisory Group (PAG) to investigate the impacts that federal legisation passed last year to reform the National Flood Insurance Program (NFIP) will have on the real estate industry and property owners.

How Does the Government Shutdown Affect Real Estate?

October 1, 2013: 

NAR President-elect Steve Brown explains the impact of the Oct. 1 federal government shutdown on programs important to real estate. Fannie Mae, Freddie Mac, FHA, and the federal flood insurance program are among the programs Brown discusses.

FHA Takes Draw From Treasury

September 27, 2013: 

On September 27th, FHA announced that it would take a $1.7 billion draw from the Treasury to meet their 30-year reserve requirement.

FHA Short Sales Policy Update

September 27, 2013: 

The Department of Housing and Urban Development (HUD) will delay its proposal to prevent dual agency agreements in FHA pre-foreclosure transactions.

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