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The Real Estate Services (RES) Update is designed to keep diversified real estate firms and their agents informed about issues impacting their businesses. This monthly newsletter includes legislative and regulatory updates, news on industry trends, and the latest information on NAR activities as they affect diversified real estate firms.

NAR Comments on QM Rule

January 17, 2014: 

On Jan. 14, 2014, NAR submitted a statement for the record to the U.S. House Financial Services Subcommittee on Financial Institutions and Consumer Credit hearing on "How Prospective and Current Homeowners will be Harmed by the CFPB's Qualified Mortgage Rule."

FHA Releases 2013 Actuarial Report

December 13, 2013: 

On Friday, December 13, FHA released its Annual Report to Congress and the FY 2013 Independent Actuarial Assessment of the FHA Mutual Mortgage Insurance Fund.

New FHA Loan Limits for 2014

December 13, 2013: 

Much has been going on in the area of loan limits.  Last month, the FHFA announced that the loan limits for Freddie Mac and Fannie Mae would not be going down in 2014, as had been previously suggested.

NAR Comments on FHA QM Rule

December 13, 2013: 

On Wednesday December 11, 2013, the Federal Housing Administration (FHA) released its final Ability to Repay/Qualified Mortgage (QM) Rule.

Anti-Patent Troll Bill Passes House by Huge Margin

December 6, 2013: 

On Dec. 5, 2013 the U.S. House passed the H.R. 3309 “Innovation Act” aimed at curbing abuses in the patent litigation system.

NAR Testifies for Flood Insurance Affordability Bill

November 21, 2013: 

Before a House subcommittee on Nov. 19, 2013, NAR past president Moe Veissi testified against further implementation of rate increases until FEMA can report to Congress as required by the Biggert-Waters law.

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