Archive of posts tagged Senate

Some real estate pros take aim at anti-piracy legislation

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Some real estate practitioners and technologists have taken a stance against federal anti-piracy legislation in the U.S. House of Representatives (SOPA) and the Senate (PIPA), worried that it could restrict the legitimate sharing of real estate information online. Online user-generated encyclopedia site Wikipedia blacked out its site recently to protest the anti-piracy legislation that critics …

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New bureau plans close look at nonbank mortgage lenders

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The Consumer Financial Protection Bureau Wednesday disclosed key details about how its examiners will size up mortgage companies that aren’t banks but still offer home loans to consumers, noting it will be leaning on other regulators for help as it embarks on the enormous task of reviewing thousands of nonbank lenders. The details are crucial …

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SOPA & PIPA: Their effects on real estate

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I’m sure you’ve heard of SOPA and PIPA by now–the anti-piracy legislation potentially being passed by the federal government.  If passed, this would affect a plethora of websites across the Internet; effecting many industries, including real estate. The purported purpose of both SOPA and PIPA is to prevent online piracy. However, “The legislation, say critics, …

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Congress votes to restore FHA loan limits

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House and Senate leaders signed off on a conference report for a “minibus” appropriations bill that included language restoring FHA’s ability to insure loans of up to $729,750 in high cost markets through 2013. Because the minibus appropriations package also contains a continuing resolution to avoid a government shutdown and continue federal operations until Dec. …

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