Highland County Board of Realtors hosts annual auction July 28
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The Highland County Board of Realtors will hold its annual Realtors Political Action Committee (RPAC) auction and luncheon on Thursday, July 28, at 11:30 a.m. at the Ponderosa Banquet Center in Hillsboro.
The Board of Realtors will be providing lunch. They are still in need of items for the auction.
If you have an item to donate, contact board member Joe Mahan at mahanjoe@yahoo.com.
Items can include everything from fishing poles, gift cards, picnic baskets, etc.
"With so much political turmoil locally, in Ohio and in Washington, D.C., it is nice to know that Realtors have a voice representing the real estate profession," said Brad Barber, an association executive with the Highland County Board of Realtors.
"The Realtors Political Action Committee lobbies legislators to ensure that home ownership can still be part of the American dream. You have two main opportunities to support RPAC through the HCBR: One is to make a contribution directly to RPAC or through our annual RPAC auction. We invite our members and affiliates to come for some fun, an open wallet and support RPAC."
In other real estate news, the National Association of Realtors has written leaders in Washington in support of stability in the housing market, which will lead to a quicker and greater economic recovery.
In a letter to Shaun Donovan, secretary of Housing and Urban Development; Timothy Geithner, secretary of the Treasury; and Gene Sperling, director of the National Economic Council, NAR offered its recommendations for helping stabilize and revitalize the housing industry and economy.
“As the nation’s leading advocate for homeownership and housing issues, NAR understands how integral homeownership is to the nation’s economy. A strong housing market recovery is essential to the nation’s economic strength,” said NAR President Ron Phipps, broker-president of Phipps Realty in Warwick, R.I. “The housing market is in a fragile recovery, and our goal is to ensure that regulatory or legislative changes help lead the way out of today’s economic struggles and not jeopardize the recovery.”
In its letter, NAR cautioned that recent proposals could make a near-term housing recovery almost impossible, not to mention making it harder for millions of hard-working families to own their own homes. Phipps said more regulations and legislation that tighten access to credit and affordable safe mortgages are not the solution to righting the housing market and economy.
“We want to make sure that any legislative and regulatory changes don’t jeopardize a housing and economic recovery, so that anyone who is able and willing to assume the responsibilities of owning a home has the opportunity to pursue that dream,” said Phipps.
NAR urged support for policies that ensure qualified borrowers can obtain safe and sound mortgage financing. NAR called on regulators to revise the unnecessarily high down payment requirements of the Qualified Residential Mortgage (QRM) exemption from risk retention requirements under the Dodd-Frank Act. A broad QRM definition will encourage sound lending and reduce future defaults without delaying or denying homeownership to millions of creditworthy borrowers.
NAR also asked regulators to reduce the overcorrection in underwriting standards for mortgages from the Federal Housing Administration and government-sponsored enterprises because the now-too-stringent standards are preventing qualified borrowers from getting loans.
For more information, go to http://www.realtor.org/government_affairs/rpac.[[In-content Ad]]
The Board of Realtors will be providing lunch. They are still in need of items for the auction.
If you have an item to donate, contact board member Joe Mahan at mahanjoe@yahoo.com.
Items can include everything from fishing poles, gift cards, picnic baskets, etc.
"With so much political turmoil locally, in Ohio and in Washington, D.C., it is nice to know that Realtors have a voice representing the real estate profession," said Brad Barber, an association executive with the Highland County Board of Realtors.
"The Realtors Political Action Committee lobbies legislators to ensure that home ownership can still be part of the American dream. You have two main opportunities to support RPAC through the HCBR: One is to make a contribution directly to RPAC or through our annual RPAC auction. We invite our members and affiliates to come for some fun, an open wallet and support RPAC."
In other real estate news, the National Association of Realtors has written leaders in Washington in support of stability in the housing market, which will lead to a quicker and greater economic recovery.
In a letter to Shaun Donovan, secretary of Housing and Urban Development; Timothy Geithner, secretary of the Treasury; and Gene Sperling, director of the National Economic Council, NAR offered its recommendations for helping stabilize and revitalize the housing industry and economy.
“As the nation’s leading advocate for homeownership and housing issues, NAR understands how integral homeownership is to the nation’s economy. A strong housing market recovery is essential to the nation’s economic strength,” said NAR President Ron Phipps, broker-president of Phipps Realty in Warwick, R.I. “The housing market is in a fragile recovery, and our goal is to ensure that regulatory or legislative changes help lead the way out of today’s economic struggles and not jeopardize the recovery.”
In its letter, NAR cautioned that recent proposals could make a near-term housing recovery almost impossible, not to mention making it harder for millions of hard-working families to own their own homes. Phipps said more regulations and legislation that tighten access to credit and affordable safe mortgages are not the solution to righting the housing market and economy.
“We want to make sure that any legislative and regulatory changes don’t jeopardize a housing and economic recovery, so that anyone who is able and willing to assume the responsibilities of owning a home has the opportunity to pursue that dream,” said Phipps.
NAR urged support for policies that ensure qualified borrowers can obtain safe and sound mortgage financing. NAR called on regulators to revise the unnecessarily high down payment requirements of the Qualified Residential Mortgage (QRM) exemption from risk retention requirements under the Dodd-Frank Act. A broad QRM definition will encourage sound lending and reduce future defaults without delaying or denying homeownership to millions of creditworthy borrowers.
NAR also asked regulators to reduce the overcorrection in underwriting standards for mortgages from the Federal Housing Administration and government-sponsored enterprises because the now-too-stringent standards are preventing qualified borrowers from getting loans.
For more information, go to http://www.realtor.org/government_affairs/rpac.[[In-content Ad]]