Gov't Affairs, Govt - Nation

Nation: NAR Urges Mnuchin to Protect MID

In a letter dated March 10, 2017, NAR 2017 President William E. Brown urged new Treasury Secretary Steven Mnuchin to protect the current tax benefits of homeownership as the Trump Administration seeks to reform the federal income tax system. Referring to recent media reports where Mnuchin promised to leave “the mortgage interest deduction as is,”… Continue reading Nation: NAR Urges Mnuchin to Protect MID

Gov't Affairs, Govt - Nation

Nation: President Mentions Infrastructure Bill in Address

President Trump reiterated his desire for a new transportation/infrastructure program during his address to Congress last night. “Crumbling infrastructure will be replaced with new roads, bridges, tunnels, airports and railways gleaming across our beautiful land,” he said. “To launch our national rebuilding, I will be asking the Congress to approve legislation that produces a $1… Continue reading Nation: President Mentions Infrastructure Bill in Address

Gov't Affairs, Govt - Nation

Nation: HUD Proposes Condo Rule

When H.R. 3700, the “Housing Opportunity Through Modernization Act,” was signed into law earlier this year, the Department of Housing and Urban Development was given notice that they had 90 days to weigh in on regulations related to Federal Housing Administration financing for condominiums before changes automatically went into effect. These included rules regarding owner-occupancy… Continue reading Nation: HUD Proposes Condo Rule