Monthly Archives: July 2016

FHA Condo Bill Signed into Law: Next Steps

In this video, NAR Senior Policy Representative Megan Booth talks about H.R. 3700, the condo bill that's just been signed into law. She discusses what happens next, and what it means for real estate. More Information: Video: NAR President Tom … Continue reading

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Victory on Condo Financing

In this video, NAR President Tom Salomone thanks members who helped pass condo legislation by responding to the call to action for H.R. 3700. More Information: Video: NAR policy expert Megan Booth explains the timeline for what happens next and … Continue reading

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CFPB Makes Clear Lenders' Ability to Share CD

On July 29, 2016, the Consumer Financial Protection Bureau (CFPB) announced a proposed rule amending TRID, the TILA-RESPA Integrated Disclosure rule, which requires most transactions involving a mortgage to use new CFPB disclosure forms as of October 3, 2015. In … Continue reading

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Soften Up Your Home’s Interior Color Choices

Photo credit: Benjamin Moore By Melissa Dittmann Tracey, REALTOR(R) Magazine Move over gray. Pastels and whites are softening up the color palette of more homes in 2016. On-trend colors of pastels are entering more household décor, like in accessories from … Continue reading

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Comment on Proposed AMC Registry Fee Rule

On July 18, 2016, NAR submitted comments to the Appraisal Subcommittee (ASC) on a proposed rule concerning the annual Appraisal Management Company (AMC) registry fees. NAR urged the ASC to adopt the proposed Third Option for determining the number of … Continue reading

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FHA Changes Clean Energy Guidelines

This week the Federal Housing Administration (FHA) and Department of Veteran’s Affairs (VA) announced changes to the treatment of Property Assessed Clean Energy (PACE) loans. This new guidance, which goes into effect immediately, states that PACE loans will remain in … Continue reading

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NAR Comments on HECM

On July 18, 2016, NAR submitted comments with the Federal Housing Administration (FHA) on proposed changes to the Home Equity Conversion Program (HECM) and HECM for Purchase Program. NAR stated its support for FHA's efforts to reduce the volatility of … Continue reading

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Restore a Pool in Just 5 Steps

Article Submitted by Fixr.com Pools can take a lot of maintenance and work to keep them at their best. And sometimes that work can get beyond a home owner, causing them to shut down their pool for a period of … Continue reading

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EPA Spending Bill Good for NAR

The House approved a $32.1 billion FY 2017 spending bill this week that would cut U.S. EPA's budget next year and restrict the Agency's ability to implement several regulations, including the Waters of the U.S. rule and the Clean Power … Continue reading

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FAA Reauthorized by Congress

On Wednesday, July 13, the Senate voted to pass H.R. 636, the Federal Aviation Administration Reauthorization Act of 2016, which the House passed on Monday, July 11.  This bill reauthorizes the FAA through September 30, 2017.  Previous attempts at a … Continue reading

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