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NAR Meets with HUD REO Staff

January 16, 2012: 

This week the National Association of REALTORS® (NAR) met with senior staff for the US Department of Housing and Urban Development’s (HUD) Real Estate Owned (REO) Department.

Government Mandates Housing Fee Increases to Help Pay-for Benefits Extensions

January 16, 2012: 

At the conclusion of 2011, Congress passed and forwarded to the President for his signature the “Temporary Payroll Tax Cut Continuation Act of 2011”. The primary purpose of this legislation was to extend temporarily: (1) payroll tax relief, (2) unemployment compensation provisions, and (3) healthcare provisions. The estimated costs of the temporary extensions is $192.5 billion.

Supreme Court Hears Oral Arguments on Wetlands Case

January 16, 2012: 

The U.S. Supreme Court heard oral arguments in the Sackett v. U.S. EPA on January 9, 2012. The arguments presented by both lawyers elicited spirited discussion among the Justices. Experienced court watchers expect a decision in this case in late spring.

The American Clean Energy and Security Act

January 13, 2012: 

In the 111th Congress, the U.S. House of Representatives approved H.R. 2454, the American Clean Energy and Security Act by Reps. Waxman (D‐CA) and Markey (D‐MA).

Following NAR's long‐standing policy to only take a position on legislation, or provisions within legislation that have a direct effect on real estate, NAR worked with our Congressional allies to strip the Energy Bill of provisions that would have adversely affected our industry. The bill died in the Senate in 2010 and is not likely to be reintroduced this Congress.

Bus Tour Wraps After Visiting 33 States, 50 Cities

January 13, 2012: 

Over the course of eight months, NAR's 2011 Home Ownership Matters Bus Tour travelled through 33 states and visited more than 50 cities. Watch a recap of the tour and its impact on consumers, REALTORS®, and those cities hard hit by natural disasters.

Ron Phipps Explains Why FTC Decision Is a Win

January 13, 2012: 

Why he appreciates the FTC's decision not to enforce provisions of its Mortgage Assistance Relief Services (MARS) rule against real estate professionals who help their clients obtain short sales.

Credit Policy

January 12, 2012: 

Seller Financing: Impact of the Safe Act and the Dodd-Frank Act

January 12, 2012: 

Seller financing plays an important role in financing the sale of real estate, especially when credit is tight. This paper summarizes the impact of two federal laws that affect seller financing.

Treasury Department Amends HAFA Program to Increase Homeowner Eligibility

January 11, 2012: 

Learn more about the purpose and provisions of the Home Affordable Foreclosure Alternatives Program (HAFA).