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Housing Is ‘Awakening From Hibernation,’ Freddie Says

March 29, 2012: 

An improving economy is contributing to a gradual rebound in home prices across the country, according to mortgage giant Freddie Mac’s 2012 Economic Outlook report, released Wednesday. But there is still a way to go in the road to recovery for the housing market, the report noted.

March 27, 2012: Rally for Real Estate in Washington

March 27, 2012: 

NAR Treasurer Bill Armstrong explains why REALTORS in the commercial sector need to be at the Rally to Protect the American Dream, taking place on May 17, in Washington, D.C.

House Subcommittee Considers Duplication in Federal Housing Programs

March 26, 2012: 

The Rural Development Subcommittee of the House Agriculture Committee this week held a hearing on "duplicative federal rural development programs".

Supreme Court Unanimously Decides in Favor of Property Rights in Sackett v. EPA

March 26, 2012: 

The U.S. Supreme Court handed private property owners a victory with a unanimous decision on March 21 allowing a couple to appeal an EPA ruling that their property contains a wetlands.

Senate Passes Two-Year Surface Transportation Authorization Bill

March 19, 2012: 

By a 74-22 vote, the Senate passed on March 14 a long-term surface transportation authorization known as "MAP-21" ("Moving Ahead for Progress in the 21st Century"). The bill largely maintains current funding levels for federal transportation programs over the next two years, with some changes to program structures and policies.

Treasury Department Releases Details on Making Home Affordable Program Updates

March 19, 2012: 

On March 9, 2012, the U.S. Department of the Treasury issued Supplemental Directive 12-02 that extends the Making Home Affordable (MHA) program to the end of 2013, and makes several changes to the Home Affordable Modification Program (HAMP) to increase the number of eligible participants.

Government Releases Details of $25 Billion Mortgage Servicing Settlement

March 19, 2012: 

On Monday, March 12, 2012, the federal government released details of the $25 billion dollar national mortgage settlement stemming from the "robo-signing" scandal. The agreement with Bank of America Corporation, JPMorgan Chase & Co., Wells Fargo & Company, Citigroup Inc.

NAR Applauds FHFA Restrictions on Private Transfer Fees

March 19, 2012: 

The Federal Housing Finance Agency (FHFA) released the final rule on private transfer fees. The final rule is not substantively different than the proposed rule; however, it does include minor changes advocated for by the National Association of REALTORS® (NAR).

Mortgage Fraud

March 19, 2012: 

Rural Housing Programs

March 19, 2012: 

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