In this issue: Limited Time to Appeal FHA Loan Limits; NAR Supports Bill for Homeless Children; NAR Supports Making Investor Visa Regional Center Program Permanent; NAR Signs onto Accounting Coalition Letter; House Subcommittee Passes RESPA Home Warranty Clarification Act; Rural Development Announces Fee Changes for Refinance Mortgages.
The National Association of Realtors® supports legislation introduced today that provides sensible reform of the secondary mortgage market and protects the interest of taxpayers.
Reforming the secondary mortgage market is essential to ensuring a reliable source of mortgage lending for consumers in all types of markets and is integral to the nation’s economic and housing recovery.
Watch the videos below and find out what the National Association of REALTORS® legislative and regulatory policy experts are saying about the issues affecting REALTORS® and their businesses.
NAR President Moe Veissi testified before the House Financial Services Committee on the important role of FHA in the marketplace and the FHFA released a summary of the responses received to the Request for Information on enhancing Fannie Mae, Freddie Mac, and the Federal Housing Administration’s REO asset disposition strategies announced August 10, 2011.
Public and private sector workers in the northwestern U.S. have limited access for affordable housing. In response, the National Association of Realtors®, in partnership with the National Housing Conference, will host a forum today in Portland, Ore., to address this crisis and encourage efforts to make housing more affordable to working class families.
In this issue: NAR and Other Organizations Support Bill to Level Playing Field for Community Businesses; Bank of America Releases Short Sale Videos.
In this issue: NAR Comments on SEC Concept Release; NAR Supports Covered Bonds Legislation; NAR Supports Loan Flexibility Legislation; Fannie and Freddie Release Details on HARP 2; Freddie Mac Amends Mandatory Short Sale Affidavit Policy; Freddie Mac HomeSteps Winter Sales Promotion; FY11 Audit of FHA is Released; Congress Restores Loan Limits for FHA; Congress Re-extends Flood Insurance to Dec. 16; Legislation Takes on Interstate Sales Tax Collections; Passed Appropriations Bill Prohibits Funding for Implementation of H -2B Regulation.
(Updated March 2014)
(Updated January 2013)
The financial and tax benefits of owning a home vs. renting are very clear. Home ownership also provides many benefits to the family, children and the community, such as increased education for children, lower teen-age pregnancy rate and a higher lifetime annual income for children, as discussed in the following articles and studies. (D. Winchester, Information Specialist)