As we approach the 2017 REALTOR® Legislative Meetings in Washington D.C. (May 15-20); we are preparing for all of the issues of critical importance to be discussed with our Members of Congress. Several issues have emerged which if enacted through legislation, will be highly disruptive to real estate markets across the nation. Among the most prominent issues …
The Federal Housing Finance Agency (FHFA) released its annual Scorecard for Fannie Mae and Freddie Mac on December 17, 2015. These government sponsored entities, or “GSEs,” utilize the “Scorecard” as an agenda for setting their priorities while in conservatorship. For 2016, the FHFA outlined these three strategic goals: Maintain, in a safe and sound manner, …
It’s a REALTOR® Party win!! The Fixing America’s Surface Transportation Act (FAST Act) has been signed into law. But most importantly, it has been signed into law with the G-Fees funding REMOVED! When Congress first presented the bill in July 2015, it included a proposal to fund a portion of the nation’s five year surface …
The House of Representatives Transportation and Infrastructure Committee is considering legislation to reauthorize surface transportation programs. One proposal would use Fannie Mae and Freddie Mac’s credit risk guarantee fees (g-fees) to fund transportation programs. The National Association of REALTORS® (NAR) strongly believes that taking g-fees would also prevent Fannie Mae and Freddie Mac from effectively managing …
