Archive for 'Tag Archives: 'congress''

What’s in Store for Proposed MID Curbs?

NAR Director of Tax Policy Linda Goold and NAR Deputy Chief Lobbyist Jamie Gregory talk about what’s next for President Obama’s deficit commission plan to curb MID now that the commission report failed to receive a [...]

New Flood Insurance Update

On Thursday, July 15th, the United States House of Representatives passed H.R. 5114, the Flood Insurance Reform Priorities Act of 2010, among the key elements of the bill  is the extension of the National Flood Insurance [...]

NFIP & Homebuyer Tax Credit Closing Deadline Both Extended

Last night, Congress passed an extension of the closing deadline for the Homebuyer Tax Credit, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place as of [...]