The Voice for Real Estate – G-fees and Condo Loans

In this video we hear about the tens of thousands of letters REALTORS® have sent to Congress to keep the guaranty fees charged by Fannie Mae and Freddie Mac in real estate rather than used to cover other federal programs.

Other stories in The Voice for Real Estate: NAR President Chris Polychron testifies before Congress on ways to make FHA condo financing easier to get; home sales post a strong comeback and are now on pace for more than 5.5 million units this year; and NAR’s annual Housing Pulse survey shows Americans continue to view home ownership in overwhelmingly positive terms.

The Voice for Real Estate 21: Home Sales Surge

In the following video, from the National Association of REALTORS® YouTube channel, Stephen Gasque talks about the spring selling season getting off to a sunny start in March with the sale pace reaching an 18-month high. Also, NAR President Chris Polychron urges the Senate Banking Committee to take action on overly tight mortgage credit. Other stories: Hard-hit buyers are returning to the market seven years after the downturn and the Rural Housing Service joins NAR to talk about the advantages of Sec. 502 direct loans for households that otherwise wouldn’t be able to get mortgage financing.

NAR President Chris Polychron Discusses the Coming Changes to the Settlement Process

On August 1, 2015, a new RESPA/Truth in Lending Act integration rule goes into effect that significantly changes the settlement process. In this video, NAR President Chris Polychron talks about the resources NAR has available to help you understand these changes and how it will affect your business.