Important Housing Information from NC REALTORS®

The AdvocateJanuary 6, 2023 Federal Funding Update President Joe Biden signed H.R.2617, the 2023 Consolidated Appropriations Act, into law on December 29, 2022. The bill is a $1.7 trillion omnibus spending bill that will fund the US federal government through fiscal year 2023. The bill includes funding for domestic and foreign policy priorities. The sweepingContinue reading “Important Housing Information from NC REALTORS®”

FHFA Adopts New FICO Scores

FHFA Announces Framework to Adopt New FICO and VantageScore Scores October 25, 2022 Fannie Mae & Freddie Mac (GSEs), Credit Policy By: Ken Fears (National Association of REALTORS®) The FHFA announced(link is external) that it will implement a framework for adopting two new credit scoring models by Fannie Mae and Freddie Mac. The framework will likely take several yearsContinue reading “FHFA Adopts New FICO Scores”

National Association of REALTORS® Update on Floor Plans

NAR Asks Supreme Court to Protect Consumers from Lawsuits When Making Floor Plans of Their Homes Filing comes after Eighth Circuit ruling leaves homeowners vulnerable to onerous and unnecessary liabilities April 7, 2022Media Contact: Wesley Shaw 202-383-1193Legal WASHINGTON (April 7, 2021) – The National Association of Realtors® today filed an amicus brief with the U.S. SupremeContinue reading “National Association of REALTORS® Update on Floor Plans”

National Association of REALTORS® – White House Briefing on Property Appraisals

from Sehar Siddiqi – Director, Fair Housing Policy and ValuationNational Association of REALTORS® On march 29, the White House and HUD held a briefing on the Property Appraisal and Valuation Equity (PAVE) Action Plan with Erika Poethig, Director of the Domestic Policy Council, and Melody Taylor, Executive Director PAVE and HUD Regional Director. The NationalContinue reading “National Association of REALTORS® – White House Briefing on Property Appraisals”

From the National Association of REALTORS® – White House Launches New Website for Renters & Housing Providers

The White House announced the launching of a new website from the CFPB to help renters and housing providers find rental assistance to cover rent owed as a result of COVID-19. The website makes it easy to find a rental assistance provider in your area.  NAR was invited by the White House to participate inContinue reading “From the National Association of REALTORS® – White House Launches New Website for Renters & Housing Providers”

Eviction Moratorium Ruled Unlawful!

Court says ban is beyond CDC authority View this email online May 5, 2021   Court Strikes Down Eviction Ban U.S. District Court Judge Dabney L. Friedrich of the District of Columbia struck down a nationwide eviction moratorium Wednesday, calling it unlawful. Friedrich’s ruling applies nationwide.The eviction ban was put in place last year byContinue reading “Eviction Moratorium Ruled Unlawful!”