Monthly Archives: June 2016

NAR Letter on Regulatory Reform

On June 27, 2016, NAR sent a letter to the Senate Committee on Homeland Security and Governmental Affairs in support of their hearing entitled “Examining the Use of Agency Regulatory Guidance, Part II” held on June 30, 2016. In the letter, … Continue reading

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REALTORS® to Congress: Flood Insurance Rates Post Threat to Business, Homeownership

David McKey, 2016 Insurance Committee vice chair, testifies before the U.S. Senate Small Business and Entrepreneurship committee about flood insurance. WASHINGTON (June 30, 2016) — Flood insurance costs continue to put small businesses and homeownership at risk, but the National … Continue reading

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Monday Minute – Week of June 27, 2016

With the House of Representatives conducting a District Work Period this week, all the action and attention is focused on the Senate, where on June 30th NAR is scheduled to testify on flood insurance rate increases before the Senate Small … Continue reading

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How to Select the Right Accessories to Dress Up Your Listings

By Patti Stern, PJ & Company Staging and Interior Decorating If sellers want to get their home noticed in today’s competitive real estate market, they must create a “show ready” property so buyers will feel at home and want to … Continue reading

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NAR Leads Coalition Call For GSE Fee Reduction

On June 22, 2016, NAR led a letter along with 24 other organizations to FHFA Director Mel Watt urging him to reduce loan level price adjustments (LLPAs) by Fannie Mae and Freddie Mac. This was an outstanding joint effort by … Continue reading

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Senate Hearing on Banking Regulations

On Thursday, June 23, the Senate Banking Committee held a hearing titled “Bank Capital and Liquidity Regulation Part II: Industry Perspectives.” The hearing focused on the regulatory regime that has sprung up post-recession for banks and lenders to safeguard against … Continue reading

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FTC Addresses Solar Power

NAR staff attended a workshop at the Federal Trade Commission focused on solar power.  Some of the issues discussed at the workshop included the costs and benefits of solar power, consumer protection, energy storage and solar panels on homes. Jon … Continue reading

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Commercial Drone Use Set to Take Flight with Release of FAA Rule

WASHINGTON (June 21, 2016) — Commercial drone use in the real estate business got a boost today with the release of the Federal Aviation Administration's final rule governing small unmanned aerial systems, or UASs, in the national air space. Drones … Continue reading

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Monday Minute – Week of June 20, 2016

This week Congress will be holding hearings and a markup on several issues of interest to REALTORS®. In the Senate, the Banking Committee will focus on the Monetary Policy Report and bank capital and liquidity regulation, while the Energy and … Continue reading

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First-time Homebuyers Stuck on Economic Sidelines

Americans overwhelmingly hold the belief that homeownership is a solid financial decision, and with good reason. A fixed-rate mortgage offers protection against rising rents, and the tax advantages of owning a home are well known. Moreover, homeownership strengthens communities and offers people … Continue reading

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