More than 900 communities nationwide will not lose access to rural housing programs this fall as expected after he Office of Rural Development of the Department of Agriculture published an Administrative Notice delaying implementation of 2010 Census data for use in their programs through March 27, 2013.
NAR President Moe Veissi talks about setting the future course for the real estate industry.
Listen to an interview with NAR President Moe Veissi on XM radio where he talks about ensuring that housing is on the nation's policy agenda - including protecting the mortgage interest deduction (MID) - especially during election season.
NAR President Moe Veissi wrote to Federal Reserve Chairman Ben Bernanke regarding tight access to mortgage credit, urging Bernanke to weigh in on three key rule proposals.
NAR attended a recent symposium in Washington, D.C., that highlighted the many concerns and questions regarding a new proposal being considered by several local governments across the country to seize mortgages by using their eminent domain authority.
Fannie Mae recently announced expansion of it's Homepath Mortgage product that provides homebuyers and investors financing for the purchase of Fannie Mae-owned properties.
Last week the House passed the FHA Emergency Fiscal Solvency Act of 2012, which strengthens FHA's financial solvency; allows FHA to collect losses from lenders who made material errors in underwriting or committed fraud; and strengthens financial oversight and disclosure.
The Federal Housing Administration (FHA) issued a mortgagee letter announcing modest improvements to the treatment of condos under the FHA program.
NAR urged Congress to extend the Terrorism Risk Insurance Act (TRIA) beyond its current December 2014 authorization to ensure that adequate insurance coverage is available for our nation’s businesses.
Last week the House passed S. 3245, which re-authorizes the EB-5 regional center program.