Washing Report from Oct. 31, 2011: FCC Approves Reforms to Boost Broadband Access; NAR Supports Greater Liquidity for Rural Communities; Obama Administration Expands GSE Refi Program.
America needs strong housing policies that ensure a robust recovery and do not further weaken the nation’s housing market. That was one of several recommendations resulting from the bipartisan New Solutions for America’s Housing Crisis forum on October 4 and endorsed by the National Association of Realtors®.
In this issue: Senate Passes Loan Limit Extension Amendment; BofA's Equator Requires Current License Information.
In this issue: NAR Supports Credit Union Lending Bill; NAR/ALTA Seek Freddie Short Sale Affidavit Changes; NAR Testifies Before Congress that the Government Plays Valuable Role in Homeownership; Treasury Department Holds Short Sale Outreach Event for Real Estate Professionals.
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.