Legislation

Vote on US housing finance bill expected

Vote on US housing finance bill expected

By Adrian Bishop, OPP.Today Housing professionals in the United States are expecting a decision on legislation to improve finance availability for condos and ease Federal Housing Administration regulatory requirements. The H.R. 3700, Housing Opportunity Through Modernization Act, which is due to be voted upon in the House of Representatives, is supported by the National Association […]

The Best States for Veterans to Retire

The Best States for Veterans to Retire

Retirement is typically viewed as a time for rest and relaxation, however the reality is often very different for military retirees. With the average age for retirement in the military being 42, most military personnel are still in the job market, and so require homes in locations that have available jobs, as well as good […]

Fannie Mae and Freddie Mac begin to unload mortgages

Fannie Mae and Freddie Mac begin to unload mortgages

    The Mortgage Colossus that is Fannie Mae And Freddie Mac are too being unloading thousands of Distressed Mortgages, Ordered by the Treasury Department following the announcement to reduce their amount of  troubled mortgages. Despite the arguments on both sides in Congress as to how they would handle the two lenders, the action “will help expedite the wind down of Fannie Mae […]

Senate Passes New VA Home Loan Bill to Increase Loan Limits

Senate Passes New VA Home Loan Bill to Increase Loan Limits

Includes Akaka’s legislation to boost veterans’ home loans to Stimulus Act level WASHINGTON, D.C. – Today U.S. Senator Daniel K. Akaka (D-HI), Chairman of the Veterans’ Affairs Committee applauded Senate passage of H.R. 3221, with the Dodd-Shelby Housing provisions, and noted that the bill incorporated provisions from Akaka’s bill to boost limit on veterans’ home […]


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