A new bill to improve the process for approving short sales may soon bring relief to distressed home owners who are unable to keep their homes and hope to avoid foreclosure. The bill, introduced in the U.S. House yesterday and strongly supported by the National Association of Realtors®, would impose a deadline of 45 days on lenders to respond to short sale requests.
The National Association of REALTORS® today urged Congress to move cautiously when reforming government-sponsored enterprises Fannie Mae and Freddie Mac. Reforming America’s housing finance market can only be achieved through a forward-looking, comprehensive approach that supports the housing and economic recoveries.
High down payment requirements being proposed by federal regulatory agencies as part of the upcoming rulemaking under the Dodd-Frank Wall Street Reform and Consumer Protection Act will unnecessarily burden homebuyers and significantly impede the economic and housing recovery.
After several stops throughout the country this month, the Home Ownership Matters Bus Tour will stop in Portland on Saturday, March 26, outside the Portland Better Living Home Garden & Lifestyle Show.
A month-long Home Ownership Matters Bus Tour hosted by the National Association of Realtors® makes a stop this week outside the Denver Home Show on Saturday, March 19. NAR leaders and invited local officials will be on hand to hear from consumers and speak with them about how shifting priorities and public policies in Washington could affect home ownership here in Denver.
Congress needs to strengthen and reauthorize the National Flood Insurance Program for the long term to prevent undermining the fragile real estate market recovery, the National Association of Realtors® said in testimony today before the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity.
The National Association of Realtors® month-long Home Ownership Matters Bus Tour kicks off this weekend in Chicago outside of the Chicago Flower & Garden Show on Saturday, March 5. Chicagoans can speak with NAR leaders and invited local officials about the housing issues that matter to them, as well as learn about how public policy developments in Washington could affect their ability to buy, sell and own a home.
Throughout this month, consumers across the country can engage Realtors®, local officials, and their neighbors on an issue that literally hits close to home as the National Association of Realtors® kicks off a month-long Home Ownership Matters Bus Tour in cities across the nation.
As Congress and the Administration consider reforms to the nation's mortgage finance system, NAR is advocating on behalf of REALTORS® and consumers to ensure an efficient and adequately regulated secondary mortgage market—a new system that involves some government presence and provides homebuyers with access to affordable, sustainable mortgages. As part of that effort, NAR placed this ad in several prominent Capitol Hill publications.
The National Association of REALTORS® welcomes the Obama Administration’s call for an orderly transition from the current form of the secondary mortgage market to a new structure that would enable Americans to achieve affordable, sustainable mortgages.