NAR also criticized regulators’ alternative proposal – which would require a 30% down payment from buyers – as being unduly narrow and unnecessary to assure safe and sound mortgage lending. The event, co-hosted by the National Association of Realtors (NAR), the Asian Real Estate Association of America. were to adopt alternative credit scoring methods, such as FICO 9 and VantageScore 3.
The impact of rising mortgage rates continues to be felt, as pending home sales slowed in July according to the National Association of Realtors (NAR). Nationally, the pending home sales index.
The National Association of Realtors commended Congressional and White House efforts to protect the VA Home Loan Program after theVietnam Veterans Act was signed into law by President Trump in late June. H.R. 299, which eliminates the cap on home loans issued by the Department of Veterans Affairs, was unanimously passed by the Senate earlier this.
[Source: nar update 06-18/2018] nar offers feedback to CFPB. CFPB issued a series of Requests for Information (RFIs) on various agency practices that NAR has provided comments on in recent weeks. The goal of the RFIs is to assess the efficiency and effectiveness of the Bureau to make necessary changes with the input of feedback from the public.
UPDATE: NAR Applauds Senate NFIP Extension. Anthony Acevedo. July 31, 2018. image credit: national association of Realtors NAR President Elizabeth Mendenhall released the following statement after today’s U.S. Senate vote on legislation extending flood insurance funding. The bill, which.
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Maryland REALTORS , along with the National Association of REALTORS (NAR), applauds the Department of Housing and Urban Development (HUD) for finalizing new Federal Housing Authority (FHA) regulations which significantly alter the condominium approval process.
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The National Association of Realtors applauded FICO’s new FICO Score 9 as a way to assess consumer collection information, bypassing paid collection agency accounts and differentiating between.
The nation’s dominant credit-scoring system is being revised in a way that could improve credit scores for many consumers. FICO introduced its new FICO Score 9 as a way to assess consumer collection information, bypassing paid collection agency accounts and differentiating between medical and non-medical collection agency accounts.
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NAR applauds FICO update In the first quarter, first-time homebuyers had 102% of the income needed to buy a median-priced starter home, according to NAR’s housing affordability index. That’s down from 105% a year earlier, and.