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Asian real estate group, other advocates claim Florida law violates Fair Housing Act

Housing Wire

Alex Kelly, the Secretary of Commerce; Patricia Fitzgerald, the chair of the Florida Real Estate Commission; as well as several state attorneys. from purchasing or acquiring any interest in real property in the state.” from purchasing or acquiring any interest in real property in the state.”

Law 292
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Texas State Senate approves limitations on land sales to China, Russia

Housing Wire

The Texas State Senate this week approved a bill that would limit the sale of its farmland to individuals and organizations associated with the governments of China, Iran, North Korea and Russia.

Law 351
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FHFA issues notice of potential changes to Suspended Counterparty Program

Housing Wire

Insulating the government-sponsored enterprises (GSEs) and other regulated entities including the eleven Federal Home Loan Banks from bad actors is the key reason this rule is being proposed, according to FHFA Director Sandra Thompson. “The FHFA established the SCP in June 2012 during the Obama administration.

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FHFA unveils GSE duty to serve plans

Housing Wire

In the plans, both government-sponsored enterprises explain how they will provide financing for manufactured and rural housing, and support affordable housing preservation. Freddie Mac also plans to purchase 6,300-7,500 manufactured housing loans titled as real property in its duty to serve plan.

Finance 371
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Latest Duty to Serve plans are an improvement, affordable housing coalition says

Housing Wire

Freddie Mac, however, agreed to a pilot program to purchase between 1,500 and 2,500 manufactured homes not titled as real property, better known as chattel loans, which make up 42% of the manufactured housing market. Those targets fall short of prior years.

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NAR says it’s doing what it can on housing discrimination

Housing Wire

A National Association of Realtors (NAR) committee head recommended Friday that the federal standards governing real estate appraisals loosen up. Namely, appraisers should no longer have to partake in a two-year apprentice program as part of their licensing process. Francois Gregoire, an appraiser in St.

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Exposing Occupational Licensing Abuses Nationwide

Appraiserblogs

Her experience as a licensed real property appraiser in West Virginia turned out to be the perfect training ground for the study of public corruption, restraint of trade and government overreach. Who would have thought it?

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