Nation: NAR Supports Sanford/Sherman G-fee Bill

NAR along with several housing and mortgage industry trade groups sent a letter thanking Reps. Sanford (R-SC) and Sherman (D-CA) for reintroducing H.R. 916, the “Risk Management and Homeowner Stability Act.” The legislation would amend the Congressional Budget and Impoundment Control Act of 1974 to prohibit the use of Fannie Mae and Freddie Mac’s guaranteeContinue reading “Nation: NAR Supports Sanford/Sherman G-fee Bill”

NAR Talking Points for Hill Visits

Next week Realtors from across the country will be in Washington DC. Here is a list of issues they’ll bring up with their members of Congress – Condo Financing – Send H.R. 3700, the “Housing Opportunity Through Modernization Act” to the President’s desk. H.R. 3700 makes much-needed reforms to the Federal Housing Administration (FHA) condominiumContinue reading “NAR Talking Points for Hill Visits”

NAR Concerned About Guarantee Fees

On September 8, 2014, NAR submitted comments to FHFA in response to its Request for Input on the guarantee fees (g-fees) that Fannie Mae and Freddie Mac (the government-sponsored enterprises or Enterprises) charge lenders; and to raise concerns about implementation of the proposed increases to both the g-fee and up-front fees charged to borrowers (loanContinue reading “NAR Concerned About Guarantee Fees”