Financing & Credit Archive

Talkin’ ‘Bout My Generation

by William E. Brown, 2017 NAR President In the words of one of one of rock’s greatest hits, we didn’t mean to cause a big sensation…but NAR recently released its 2017 Home Buyer and Seller Generational Trends study.  This...
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March 15, 2017

Evidence Points to Improving TRID Landscape

by Tom Salomone, 2016 NAR President This time last year, everyone in our industry was talking about the TILA-RESPA Integrated Disclosure Rule. Also known as “Know Before You Owe,” the new rule meant new forms were coming to consumers...
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April 5, 2016

Chris Polychron hosts Credit Access Symposium

2015 NAR President Chris Polychron provides opening comments and wraps up the Credit Access Symposium in Washington DC, a roundtable discussion with a diverse group of housing industry stakeholders, April 1, 2015....
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April 1, 2015

Polychron on more affordable FHA-backed loans

NAR President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Arkansas, issued the following statement at the conclusion of today’s hearing of the U.S. House Financial Services Committee, The Future of Housing in America: Oversight of the...
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February 11, 2015

Polychron praises move to lower FHA fees

NAR President Chris Polychron praises the Obama administration's decision to reduce the price of its mortgage insurance by 0.50 percent....
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January 13, 2015

Polychron on Fannie-Freddie low downpayment program

NAR President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Ark., says Fannie Mae and Freddie Mac’s new low downpayment program should improve access to credit for responsible buyers. “NAR applauds Fannie and Freddie’s commitment to...
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December 22, 2014

Chris Polychron on FHA MMI Fund, 2015 Priorities

Housingwire has a story on the Federal Housing Administration and the Mutual Mortgage Insurance Fund for single-family programs. According to the agency’s report, the financial health of the regulating agency improved dramatically but that it still has a way...
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November 18, 2014

Fix the Cap

By 2014 NAR President Steve Brown Because of NAR’s efforts and the REALTOR® Party‘s diligence, I am pleased to report that the United States House of Representatives passed the Mortgage Choice Act this past month. This bill would return...
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July 2, 2014

Yes to GSE Reform

  By 2014 President Steve Brown   NAR recognizes that the current system for secondary mortgages is unsustainable. We fully support moving forward with legislative reform of Fannie Mae and Freddie Mac. NAR, however, insists than any specific legislative...
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June 10, 2014

Progress on the 3% Cap

NAR President Steve Brown talks about a positive development on NAR’s concerns over how the 3% cap on points and fees in the qualified mortgage (QM) rule has been interpreted....
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April 30, 2014