Federal Government

HOMEOWNERSHIP is UNDER ASSAULT!

We are currently in a critical point where the concept of homeownership, as we know it, is under assault. At the Federal level, there are five pieces of either legislation or proposals that can radically affect the ability of individuals to purchase a home. Those five issues are

1. Qualified Residential Mortgage
2. National Flood Insurance Program
3. Government Sponsored Enterprise (GSE) Reform
4. Conforming Loan Limits
5. Mortgage Interest Deduction

The National Association of REALTORS® has issued a CALL FOR ACTION on the Mortgage Interest Deduction and recently issued another one for the Qualified Residential Mortgage. It is critical that REALTORS® have their voices heard by responding to these calls. Learn more about each issue by clicking on it.