On June 13, 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 its Strategic Plan for Fiscal Years 2013-2017 that incorporates the strategic plan for the conservatorships of Fannie Mae and Freddie Mac FHFA sent to Congress in February 2012.
NAR and the REALTOR® Team Store have partnered to offer REALTOR® Party and REALTOR® Rally items to REALTORS® and your associations at a low cost.
2012 NAR President Moe Veissi highlights the broad array of recent REALTOR® Party legislative and electoral wins in the latest "Mondays with Moe" President's Podcast.
On June 7, 2012, the Federal Reserve Board of Governors unanimously approved the release of three Notices of Proposed Rulemaking (NPRs) for Basel III and the final rule for Basel 2.5.
As a result of unprecedented commitments by private landowners to voluntary conservation agreements now in place in New Mexico and Texas that provide for the long-term conservation of the dunes sagebrush lizard, the U.S. Fish and Wildlife Service has determined that the species does not need to be listed under the Endangered Species Act.
On June 11, 2012, a coalition of real estate organizations, including NAR, wrote to Reps. Tiberi (R-OH) and Neal (D-MA) thanking them for introducing H.R. 5746, the Update and Streamline REIT Act (U.S. REIT Act).
In the Inflation Watch Series, NAR Research focuses on the price level. We monitor measures of inflation that affect the business of REALTORS® and summarize their impact, highlighting areas of potential concern in a brief, polished presentation. Released monthly, Inflation Watch enables REALTORS® to gain the insight needed to confidently discuss this important market factor with other professionals and clients.
Sixty-nine Members of the House of Representatives wrote to the FHA last week, asking them to loosen restrictions on the sale of condominiums.
In this June 2012 Legal Affairs podcast, attorney Phil Schulman reviews the Freeman v. Quicken Loans, Inc. decision by the Supreme Court of the United States and what it means for real estate brokerages and their administrative fees.
Late last week, the U.S. Supreme Court ruled favorably on a case involving unearned fees under Real Estate Settlement Procedures Act (RESPA). While the ruling was about mortgage lending, it has direct implications for real estate brokerages and the transparency of settlement service fees.