Owning a home has had long-standing government support in the U.S. because homeownership benefits individuals and families, strengthens communities, and is integral to the nation’s economy, the National Association of Realtors® said in testimony today.
In this issue: MID: Witnesses Say No Cuts Now; Congress Extends Flood Insurance until Nov. 18.
“Today, witnesses before the Senate Finance Committee were in complete agreement that now is not the time to make changes to the mortgage interest deduction. NAR is pleased that a range of witnesses testifying at the committee’s hearing on tax incentives for homeownership reinforced the message Realtors® have been delivering to Washington: do no harm."
National Association of Realtors® President Ron Phipps issued a statement urging Congress to institute a longer term extension of the National Flood Insurance Program.
In this issue: HUD Clarifies FHA Mortgage Insurance Requirements on 15 Year Loans; NAR Comments on Proposed Energy Labeling Program for Commercial Buildings; Congress Extends Flood Insurance until Nov. 18.
We need to keep housing first on the nation’s public policy agenda, because housing and homeownership issues affect all Americans, and a housing recovery is necessary for the nation’s economic well-being.
To address a nationwide shortage of workforce housing, the National Association of Realtors®, in partnership with the National Housing Conference, will host a forum today in Washington, D.C.
National Association of Realtors® President Ron Phipps released a statement reminding candidates how important home ownership is to the economic and social fabric of our country.
Increased lending to creditworthy home buyers and more loan modifications and short sales are necessary to reduce the rising inventory of foreclosed homes and help stabilize and revitalize the housing industry and economy.
Thomas B. Pahl, Assistant Director, Division of Financial Practices, Federal Trade Commission, discusses how the Mortgage Acts and Practices (MAP) rule will impact real estate professionals who provide information to consumers about mortgage products.