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IRS Seeking Taxpayer Advocacy Panel Members

March 21, 2014: 

The Internal Revenue Service is seeking volunteers to serve on the Taxpayer Advocacy Panel (TAP).

Brown Meets At White House on GSE Reform

March 21, 2014: 

NAR President Steve Brown met with HUD Secretary Shaun Donovan and the head of the National Economic Council on the reform of the secondary mortgage market.

Help Passed on Flood Insurance Rates

March 14, 2014: 

In this short video, NAR Senior Policy Representative Austin Perez explains how the bill will impact the flood insurance rates paid by homeowners.

Flood Bill Helps Commercial

March 14, 2014: 

NAR Senior Policy Representative Austin Perez and NAR Legislative Policy Representative Erin Stackley discuss the impact that the new flood insurance law will have on commercial properties.

Internet Sales Tax Hearing

March 14, 2014: 

On March 12, the House Judiciary Committee held a full committee hearing on "Exploring Alternative Solutions on the Internet Sales Tax Issue." During the hearing, Members on the committee and the witnesses, who included a representative from shopping mall owners/operators, tax attorneys, and former U.S.

Proposed Elimination of FHA “Prepayment Penalty”

March 14, 2014: 

On March 13, 2014, the Department of Housing and Urban Development (HUD) issued a proposed rule to eliminate Federal Housing Administration (FHA) post-payment interest charges. The policy change would prohibit mortgagees from charging borrowers interest on their home mortgages for days or weeks after a principal balance pay-off. The proposed rule will align HUD policy with the Consumer Financial Protection Bureau’s Final Qualified Mortgage Rule.

FHA Short Sale Dual Agency

March 14, 2014: 

Some NAR members have received communications from servicers, such as Bank of America, that dual agency is not allowed in FHA short sales transactions.  This is not correct.

Interstate Land Sales Act Bill Introduced

March 14, 2014: 

On Tuesday March 11, 2014, Senators Charles Schumer (D-NY, Dean Heller (R-NV) and Kristen Gillibrand (D-NY) introduced S. 2101, a bill to amend the Interstate Land Sales Full Disclosure Act (ILSA) to clarify how the act applies to condominiums.

Mortgage Debt Forgiveness: It’s All About Fairness

March 7, 2014: 

In his latest video, NAR President Steve Brown explains why NAR supports an extension on mortgage debt cancellation relief. Take a look.

House Passes Flood Insurance With Amendments

March 5, 2014: 

On March 4, 2014, the House voted 306-91 to approve the Homeowner Flood Insurance Affordability Act (H.R. 3370) with amendments.

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