by Heather | Dec 17, 2019 | C.A.R., NAR, TSBOR, TSMLS
Veterans may be eligible to buy larger homes in pricier communities—still without a down payment—starting next year. Those taking out Veteran Affairs–backed mortgages will find caps removed on what they can spend in 2020. The Blue Water Navy Veterans Act of...
by Heather | Dec 11, 2019 | C.A.R., Legal, NAR, TSBOR
A lawsuit trying to gain class action status is accusing Trulia’s Premier Agent advertising program of being “unfair” and “deceptive” by diverting home shoppers away from listing agents. The federal lawsuit was filed on Nov. 28 in Eastern District Court. The lawsuit...
by Heather | Dec 10, 2019 | C.A.R., Legal, NAR, TSBOR
Fannie Mae and Freddie Mac released a redesigned mortgage application form in October. The Uniform Residential Loan Application is a standardized form used by borrowers when applying for a mortgage. This is the first time in 20 years there has been a change to...
by Heather | Nov 27, 2019 | NAR, TSBOR
From REALTOR Party News: Fresh off Election Day, it was great to see nearly 20,000 people attending the 2019 REALTORS® Conference & Expo in San Francisco. With a new Leadership Team in place, we can’t think of a better place to get started on the hard...
by Heather | Nov 18, 2019 | C.A.R., NAR, TSBOR, TSMLS
by Kristin Perkins, Shannon Rieger, Jonathan Spader, Christopher Herbert READ FULL PAPER Previous studies of the financial constraints for homeownership attainment have found that cash grants to cover down payment and closing costs can fairly substantially increase...
by Heather | Oct 23, 2019 | NAR, TSBOR, TSMLS
On August 14, 2019, the U.S. Department of Housing and Urban Development (HUD) released the long-awaited final rule on project approval for single-family condominiums insured by the Federal Housing Administration (FHA). For many years, NAR urged HUD to finalize...
