The Senate Finance Committee has crafted and sent to the full Senate a package that would extend the mortgage relief provision for an additional year, through December 31, 2013.
The Senate passed S. 3245, which reauthorizes the EB-5 regional center program that allows foreign investors to channel investment funds into American businesses and developments for three years.
On Sept. 30, more than 900 communities who currently are eligible for housing programs under the Rural Housing Service in the Department of Agriculture become ineligible.
Last week the Senate Banking Committee convened a hearing on "Streamlining and Strengthening HUD’s Rental Housing Assistance Programs."
NAR has prepared a new guide to explain in easy-to-understand language what REALTORS® need to know about the 3.8% tax and health care reform.
President Obama is expected to soon sign a bill that will reinstate the higher VA loan limits, and will make the VA ARM programs permanent.
The bipartisan legislation is designed to counter an erroneous Department of Housing and Urban Development interpretive rule that reversed decades of common understanding of RESPA.
NAR hosted dozens of organizations in the Coalition for Sensible Housing Policy this week to discuss three proposed rules that could dramatically alter the Home Mortgage Financing Market. REALTOR® magazine explains the regulations and how they could increase the disparity between wealthy and less-affluent home owners.
On July 26, 2012, NAR President Moe Veissi submitted comments to the Federal Housing Finance Agency (FHFA, the conservator of Fannie Mae and Freddie Mac (the GSEs)) on the proposed GSE affordable housing goals for 2012-2014.
On July 26, 2012, a coalition of organizations, including NAR, submitted comments to regulators regarding the proposed Basel III capital rules.