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Home | News | Government

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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Key HUD Vacancy Filled

Pamela Patenaude was officially confirmed as the Deputy Secretary of the U.S. Department of Housing and Urban Development by the U.S. Senate Thursday afternoon. This will be her second tenure at the agency.

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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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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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