Monthly Archives: April 2016

On April 29, 2016, NAR President Tom Salomone sent a letter to the Department of Justice (DOJ) asking for guidance regarding the application of Title III of the Americans With Disabilities Act (ADA) to a business’ website.  A number of … Continue reading →

On April 28, 2016, the US Department of Agriculture announced the FY 2017 fees for the Single Family Housing Guaranteed Loan Program, which reflects a major reduction from FY 2016 levels. Beginning October 16, 2016, the upfront guarantee fee for … Continue reading →

On April 28, 2016, the Consumer Financial Protection Bureau (CFPB) announced that it is drafting a notice of proposed rulemaking on the Know Before You Owe rule, also known as “TRID.”  Since the Know Before You Owe rule went into … Continue reading →

This week, the Senate passed S. 2012, the U.S. Energy Modernization Act, sponsored by Sen. Lisa Murkowski (R-AK) and Maria Cantwell (D-WA).  Two provisions in the bill relate specifically to the real estate sector: (1) The SAVE Act would allow … Continue reading →

In 2014, the Department of Housing and Urban Development (HUD) proposed the Homeowners Armed with Knowledge (HAWK) program.  HAWK was designed to reduce mortgage insurance premiums for first-time buyers who complete a series of homeownership counseling sessions.  However, before it … Continue reading →

2016 Nar President Tom Salomone acknowledges the improvements to the Realtor® industry since the TILA-RESPA Disclosure Rule implementation. Go to Source The Iwaniw Team Residential Marketing Specialists @Avalar Atlantic Properties Direct: 856-318-9098 Cell: 856-404-5635 http://www.iwaniw.com/ Like Us on Facebook: http://www.facebook.com/SNJHomes

On March 17, 2016 NAR submitted comments in response to the Federal Housing Finance Agency’s proposed "Duty to Serve" rule.  The rule is intended to facilitate a secondary market for mortgages on residential properties in specified underserved markets. NAR's comments … Continue reading →