On Thursday May 31, 2012, the Consumer Financial Protection Bureau (CFPB) announced that it would be seeking additional information on loan performance with regard to Debt to Income (DTI) ratios and a few other factors.
Reps. Sherman (D-CA) and Campbell (R-CA) sent a bipartisan letter signed by 58 other lawmakers to the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) urging the accounting standard setters to conduct a comprehensive economic analysis of its recent lease accounting proposal before making a final rule.
The U.S. Supreme Court last week provided real estate brokers a lot of clarity about administrative fees charged by brokerages.
A proposed bill to streamline and align the refinance processes of Fannie Mae and Freddie Mac may soon make it easier for homeowners who are current on their mortgage payments but who have been previously unable to refinance to finally take advantage of record low interest rates.
A report from the Board of Directors meeting at the close of the 2012 NAR Midyear Legislative Meetings & Trade Expo in Washington, D.C., May 19.
Check out photos, videos, and Tweets about the Rally to Protect the American Dream.
The future of housing finance in the U.S. will be a key issue facing the winner of the upcoming presidential election.
Housing and the economic recovery will play a large part in deciding the outcome of the 2012 presidential election, according to public policy experts at today's Legislative and Political Forum during the Realtors® 2012 Midyear Legislative Meetings & Trade Expo.
A sustainable housing recovery requires that policymakers move forward with the difficult decisions regarding the future of the mortgage market, Federal Reserve Board Governor Elizabeth Duke told Realtors® at a joint Real Estate Services and Regulatory Issues Forum May 15.
NAR, in coalition with the Mortgage Bankers and Home Builders, sent a letter to Congress urging them to make the VA ARM programs permanent.