Educational Brochures from NAR and its Partners
NAR Analysis
Dig deeper into this issue to understand NAR's policy and what friends and opponents are saying. Learn what needs to be done and what's happening in the current legislative environment.
Read more >
Responsible Lending Principles
NAR supports the general principle that all mortgage originators should act in “good faith and with fair dealings” in a transaction and treat all parties honestly.
NAR encourages legislators to use such a standard of care as a guiding principle when drafting anti-predatory lending legislation
NAR's Responsible Lending Principles
NAR's Enhanced Subprime Lending Policy (PDF 50Kb)
Summary of NAR's Enhanced Subprime Lending Policy (PDF 37Kb)
NAR's Subprime Lending Policy (May 2005) (PDF 69Kb)
Consumer Education
Find out what you need to know before you finance a home, and learn what you can do to protect your home in times of financial uncertainty. This section includes links to credit counseling agencies, and resources to help build your financial literacy
Read more >
Mortgage Debt Cancellation Relief: H.R. 3648
This law is Congress's response to the problems generated by the subprime crisis, short sales, rising foreclosure rates and price corrections in some markets. When a lender forgives some portion of a borrower's mortgage debt in a short sale, a foreclosure, a workout with the lender, or some similar circumstance, the borrower will not be required to recognize income or pay tax on the forgiven amount. This relief applies to debts forgiven between January 1, 2007 and December 31, 2009.
NAR's Statement on the Signing of H.R. 3648>
H.R. 3648 - General Information and Provisions
H.R. 3648 - Q&A>
H.R. 3648 - Legislative History>
How H.R. 3648 - Impacts Taxation on Some Vacation Homes>
The Fair and Accurate Credit Transactions Act of 2003
The Fair and Accurate Credit Transactions Act of 2003 (FACT Act) requires individuals and businesses that possess or maintain consumer report information for a business purpose to dispose of it properly.
Read more >
The Fair Credit Reporting Act & Your Credit History
NAR wants consumers to understand the rights they possess under the Fair Credit Reporting Act.
Read more > |
|
| |  | IN THIS SECTION |  | |
|
