Government support is critical to a healthy housing market.
Caution on REO-to-rental initiative; extending debt cancellation relief; FHA fee changes; My REALTOR® Party victories.
With home ownership under pressure, REALTORS® will head to Washington May 17 to rally for stability.
Housing markets are complex and varied, and a government pilot program to turn bank-owned properties into rentals could be disruptive and counterproductive in some markets, according to the National Association of Realtors®.
This week, the 2012 National Association of REALTORS® (NAR) President, Moe Veissi, submitted comments to the Consumer Financial Protection Bureau's (CFPB) proposed rule amending Truth in Lending (Regulation Z) per Dodd-Frank.
The health care legislation enacted in 2013 included a new tax that was designed to affect upper income taxpayers.
On February 15, 2012, the National Association of REALTORS® met with representatives from Fannie Mae and Freddie Mac (the government-sponsored enterprises or GSEs), and GSE regulator, the Federal Housing Finance Administration, toidentify issues impeding the short sale process.
On Tuesday, Feb. 21, 2012, the Consumer Financial Protection Bureau (CFPB) issued a 42 page outline of issues to be considered in crafting the underlying RESPA/TILA regulations to govern a harmonized RESPA/TILA form set.
On Tuesday February 21, 2012 the Federal Housing Finance Agency released a blueprint for further reforms of Fannie Mae and Freddie Mac (GSEs).
This week the US Department of Housing and Urban Development (HUD) announced a proposed rule on permitted seller concessions for loans insured by the Federal Housing Administration (FHA)http://www.hud.gov/.