Politics & Government Archive

FHA: Unsung Hero of the Recovery

Congress is looking at what to do about FHA in light of the pressure on its reserves and it’s clear from a hearing that senators held yesterday the agency presents them with a conundrum. Lawmakers acknowledge the indispensable role...
March 1, 2013

Tax Reform, Fixing Mortgage Rules High on 2013 Obama Agenda

Coverage of the 2013 State of the Union speech: President Barack Obama in his first State of the Union speech since winning election to a second term said the federal government needs to streamline rules that are making home...
February 13, 2013

Recession Over, How are Home Buyers Faring?

Habitat for Humanity released its 2013 Shelter Report earlier this week and as part of its release it joined NAR and the REALTOR® University Center for Real Estate Studies to host a discussion on how moderate-income households are faring...
February 8, 2013

Tax Reform: REALTOR® Engagement to be Key

Tax reform remains a possibility this year and should the conversation about it begin members of Congress will benefit hearing from REALTORS® to reduce the chance they make decisions that could hurt markets, a lawmaker, Hill staff, and analysts...
January 31, 2013

House Passes Senate ‘Cliff’ Bill

NAR Government Affairs summary of “fiscal cliff” legislation as passed by the House and the Senate. UPDATE: President Barack Obama has signed the agreement into law. Access on REALTOR.org. Real Estate Provisions in “Fiscal Cliff” Bill On Jan. 1...
January 2, 2013

Senate ‘Cliff’ Bill Retains Mortgage Cancellation Relief

Tax rates would remain the same for most households and mortgage cancellation relief is extended in a budget package passed by the U.S. Senate early this morning to avert the so-called fiscal cliff. The House today could take up...
January 1, 2013

Update on Fiscal Cliff: What’s at Stake for Real Estate

Congress today (Dec. 31) continues to wrestle with what to do about the fiscal cliff, the hundreds of billions of dollars in automatic tax increases and federal spending cuts that take effect at the end of the year unless...
December 31, 2012

Fiscal Cliff: What’s at Stake for Real Estate

The “fiscal cliff” has quickly become a commonly used term, but exactly what it means isn’t all that clear, especially for real estate. At it’s most basic level, it refers to sweeping tax cuts enacted a decade ago that...
December 11, 2012

Consumers, Economists See MID Differently

There are academics and there are consumers, and on the topic of whether the mortgage interest deduction should be modified as the federal government looks for ways to shrink its budget deficit, the opinions couldn’t be more divergent. Consumers...
December 11, 2012

On Data Security, Get Ahead of the Law

Last year some big-name companies and organizations got hit by data breaches. LinkedIn comes first to mind. According to news reports, its system was breached and millions of account passwords were potentially compromised. eHarmony, the University of Nebraska, Yahoo!...