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.
Continued government participation in the secondary mortgage market is essential to ensuring affordable and available home mortgages to qualified consumers when private lenders withdraw from the market, according to the National Association of Realtors®’ recommendations for restructuring the government-sponsored enterprises.
The National Association of Realtors® applauds the Federal Housing Finance Agency for moving ahead with a proposed rule to restrict government-sponsored enterprises Fannie Mae and Freddie Mac and the 12 Federal Home Loan Banks from investing in mortgages encumbered by private transfer fee covenants.
Freddie Mac Investigator Robert Hagberg discusses some of the recent short-sale payoff fraud schemes, such as "flopping," and the various ways—good and bad—that real estate professionals are involved.
A substantial majority of both home owners and current renters agree that owning a home is a smart decision over the long term, according to the results of an NAR survey conducted by Harris Interactive.
Watch the latest WebEx webinars held by NAR. These webinars feature interactive and informative sessions among NAR staff and members on the latest legislative and regulatory issues affecting the housing market. Some of the sessions listed below also include information about NAR's community outreach and political programs.
In this eight-minute podcast, Attorney Michael Leffel offers real estate professionals advice on how to comply with the new rules and avoid allegations of RESPA violations.
Following the release of the Deficit Reduction Commission’s report, which recommends scaling back the mortgage interest deduction, the National Association of Realtors® is warning Congress of the potentially devastating effects of such change on American families and the economy. As part of this effort, NAR placed an ad in several prominent Capitol Hill publications.