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NAR: Don’t Harm Homeownership Common Interests

Some critics believe the mortgage interest deduction only benefits the wealthy, but according to Iona Harrison, Chair of the National Association of Realtors’ Federal Taxation Committee, the numbers tell a different story. Take a look at what Harrison had to say to the Senate Finance Committee during a hearing entitled ““Individual Housing Reform.”

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Freddie Mac Updates Servicing Guidelines

Freddie Mac released a join bulletin with Fannie Mae Wednesday that updates its guidelines for standard servicing policies, which are unrelated to its special initiatives to aid those affected by the hurricanes that have ravaged the continental United States.

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A New Beginning for FHA With Brian Montgomery at the Helm

It’s been rumored since May that Federal Housing Administration veteran Brian Montgomery could possibly be returning to his post under the Trump administration. Now the speculations have been confirmed after President Trump announced his intent to nominate.

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Roadblocks Ahead for Credit Union Legislation

The National Association of Credit Unions (NACU), with the support of Representative Bill Posey (R-Florida) and Denny Heck (D-Washington) reintroduced a bill that would require the National Credit Union Association to initiate a study on capital requirements for credit unions before finalizing the final risk-based capital rule that is scheduled to go into effect on the first of January 2019.

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