HousingWireHousingWire A new bill introduced in the U.S. House of Representatives proposes to relieve Federal Housing Administration (FHA) borrowers of mortgage insurance premiums (MIPs) once they reach a certain level of home equity, aligning FHA policies with those of conventional loans. Introduced by Reps. Gregory W. Meeks (D-N.Y.) and Pete…
Continue reading →HousingWireHousingWire The U.S. is about to face a reckoning when it comes to its 65-and-older population outnumbering children for the first time. But other nations — including Japan — are facing an even steeper ratio of older people to younger counterparts. Since there is already a shortfall in home-care workers,…
Continue reading →HousingWireHousingWire After filing several different motions, including a motion to intervene, University of Buffalo law professor Tanya Monestier has filed an appeal of several rulings made by Judge Stephen R. Bough — including his final approval of the National Association of Realtors’ (NAR)  commission lawsuit settlement agreement. In a notice filed…
Continue reading →Boeing workers on strike at a Boeing facility on Oct. 24 in Seattle. (Photo by David Ryder, Getty Images) The economy added 227,000 jobs in November, making for a strong jobs report despite a slight increase in the unemployment rate. Although the labor market has cooled this year, the Trump…
Continue reading →HousingWireHousingWire Real estate professionals and even some local Realtor associations have begun pushing back against the National Association of Realtors’ (NAR) three-way membership. Phoenix Realtors (PAR) is one such association exploring alternative membership structures, but NAR is not having it. In an email, sent to NAR’s board of directors, association…
Continue reading →
