On February 27 the Federal Housing Finance Agency (FHFA) announced a pilot program to be operated by Fannie Mae to sell nearly 2500 foreclosed properties in six hard hit foreclosure states for the purpose of providing rental housing.
The U.S. Environmental Protection Agency recently announced that they will keep greenhouse gas permitting thresholds at current levels.
On February 23rd the Obama administration released a report on consumer privacy. The report calls on Congress to enact a consumer privacy "bill of rights."
Senator Debbie Stabenow (D-MI)has introduced S. 2144, a bill that would make the mortgage debt forgiveness rules permanent.
In the March 5 edition of "Mondays with Moe," 2012 NAR President Moe Veissi announces that the website for the Rally to Protect the American Dream is now live. He encourages every member to go the site now to register, as well as every association to go to the site to request a bus to help bring members to the Rally.
In 2012, REALTORS® will be going back to the (virtual) classroom, marching on Capitol Hill, and earning rewards for engaging with their association.
Maybe it’s all the tweeting I’ve been doing (via @realtormag), but 400 words feels like a lot to write about one topic. Instead, a potpourri.
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.