NAR Lauds Passage of VA Home Loan Reform Act

NAR Lauds Passage of VA Home Loan Reform Act

The bill that makes permanent the VA’s temporary policy letting veterans pay their real estate agents directly is headed to the president’s desk. WASHINGTON — The U.S. Senate unanimously passed H.R. 1815, the VA Home Loan Reform Act, by voice vote on Tuesday night....
Florida Realtors Names Sr VP of Public Policy

Florida Realtors Names Sr VP of Public Policy

By Marla Martin With 37 years’ experience as legislative counsel, Trey Goldman now will oversee Florida Realtors’ legislative and regulatory advocacy-related efforts in Tallahassee. ORLANDO, Fla. — Florida Realtors® has named Trey Goldman as its new senior vice...
Mortgage Rates Rise for Second Straight Week

Mortgage Rates Rise for Second Straight Week

By Alex Veiga Rates on 30-year mortgages rate ticked up to 6.75% from 6.72% last week while rates on 15-year mortgages increased to 5.92% from 5.86%. WASHINGTON – The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the...
NAR Prevails in Homie Litigation

NAR Prevails in Homie Litigation

By Stacey Moncrieff A federal court dismissed Homie’s antitrust claims against NAR and major brokerages with prejudice, barring the company from refiling the lawsuit. CHICAGO — The U.S. District Court for the District of Utah has dismissed antitrust claims against the...
Insurer OK’d to Take Citizens Policies

Insurer OK’d to Take Citizens Policies

Florida Peninsula Insurance Co. is expected to assume up to 40,000 policies from Citizens in late October as part of the depopulation program. TALLAHASSEE, Fla. — Continuing to try to shrink the state’s Citizens Property Insurance Corp., regulators Tuesday approved a...