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August 2011: FTC Stays MARS Rule Enforcement

August 1, 2011: 

The Federal Trade Commission's Tom Pahl explains the rationale for the FTC's action on the Mortgage Assistance Relief Services Rule and what it means for real estate professionals. In addition, NAR's Charlie Dawson discusses the next steps following the FTC's action.

Realtors Urge Action on Debt Ceiling

July 29, 2011: 

National Association of Realtors® President Ron Phipps called on Congress to resolve the mounting debt ceiling crisis before the August 2 deadline.

Homeownership Tax Benefits Must Be Preserved, Say Realtors®

July 28, 2011: 

Any changes to the mortgage interest deduction now or in the future could threaten recent progress toward stabilizing the housing market, critically erode home prices and values, destroy middle-class wealth accumulation and hurt economic growth.

Stabilizing the Housing Market is Key to the Economic Recovery, Say Realtors

July 19, 2011: 

In a letter to Shaun Donovan, secretary of Housing and Urban Development; Timothy Geithner, secretary of the Treasury; and Gene Sperling, director of the National Economic Council, NAR offered its recommendations for helping stabilize and revitalize the housing industry and economy.

Realtors® Offer Recommendations to Strengthen the Mortgage Origination

July 14, 2011: 

Testifying before the House Financial Service Committee’s Subcommittee on Insurance, Housing and Community Opportunity, NAR spokesperson Steve Brown identified several proposed regulations and existing rules that have exacerbated problems within the fragile real estate market and urged Congress and the administration to consider modifying the rules to help consumers purchase homes and the economy recover.

Realtors® Support Bill for Comprehensive Reform of Secondary Mortgage Market

July 7, 2011: 

The long-term viability of America’s housing finance market requires comprehensive reform of the secondary mortgage market. Toward that end, the National Association of Realtors® supports H.R. 2413, the “Secondary Market Facility for Residential Mortgage Act of 2011.”

Realtors® Urge Regulators to Reconsider Narrow QRM Definition

June 22, 2011: 

The National Association of Realtors® is urging regulators to go back to the drawing board on the proposed Qualified Residential Mortgage rule.

Realtors® Support Legislation for Comprehensive GSE Reform

June 8, 2011: 

The National Association of Realtors® supports comprehensive reform of America’s housing finance market that protects taxpayers and ensures the availability of affordable mortgage credit today and into the future.

Realtors® Continue to Push Congress for Comprehensive GSE Strategy

May 26, 2011: 

NAR President Ron Phipps told a Senate Banking, Housing and Urban Affairs Committee that the National Association of Realtors® supports a secondary mortgage market model with some level of government participation that would protect taxpayers and ensure that creditworthy consumers have access to affordable mortgage capital in all markets at all times.

Realtors® Urge Regulators to Rethink Mortgage Requirements

May 12, 2011: 

A proposed rule to define qualified residential mortgages (QRM) under the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) would unnecessarily restrict access to home ownership. Realtors® at the Real Estate Services Forum – The Impact of Dodd-Frank on Real Estate session today during the Realtors® Midyear Legislative Meetings & Trade Expo gained insights into the implications of a narrowly defined QRM.

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