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Jan. 11 – CVAR Connect

January 11, 2021

CVAR’s COVID-19 Resources REALTORS®: Updates & Guidelines  What’s Happening at CVAR under COVID-19 restrictions Latest COVID-19 Updates from C.A.R. Citrus Valley Association of REALTORS® is conducting all business remotely. Meetings and classes presented by CVAR will be online and free of charge (see classes below). ____________ Online Classes      Jan. 11 | CRMLS Training – Agent Essentials  Jan. […]

Filed Under: CVAR Connect, CVAR News, Education & Events, Industry News Tagged With: #CVARmembers, cvarconnect, fair housing, Fannie Mae, Jordan Levine, Top Markets

FHFA Loan Limit Increase

November 30, 2020

The Federal Housing Finance Agency (FHFA) announced it will increase the 2021 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $548,250 on one-unit properties and a cap of $822,375 in high-cost areas, such as California. The previous loan limits were $510,400 and $765,600, respectively. Baseline limit The Housing and Economic […]

Filed Under: CVAR Connect, Government Affairs, National News Tagged With: #Cvarmember, conforming loan limit, cvarconnect, Fannie Mae, FHFA, Freddie Mac, HERA, Housing and Economic Recovery Act, loan limit

Confidence Down? Consumer Searches for These Topics Surge

August 17, 2020

As we reported in CVAR Connect a couple weeks ago, Fannie Mae’s monthly Home Purchase Sentiment Index showed that respondents who thought it was a good time to buy a home decreased from 61% to 53%. Despite that decline in confidence, the pandemic has both increased and altered demand for housing, and it has also […]

Filed Under: CVAR Connect, Pro Tips Tagged With: confidence, cvarconnect, Fannie Mae, First-time buyer, foreclosure, Google Search, migration, Pandemic, refinance

July 13 – CVAR Connect

July 13, 2020

CVAR’s COVID-19 Resources REALTORS®: Updates & Guidelines What’s Happening at CVAR under COVID-19 restrictions   Citrus Valley Association of REALTORS® is conducting all business remotely. Meetings and classes presented by CVAR will be online and free of charge (see available classes below). IRS: July 15 Deadlines! Latest COVID-19 Updates from C.A.R. ____________ 2-Minute Tip: Showings During COVID  _____________ Free Online […]

Filed Under: CVAR Connect, CVAR News, Education & Events Tagged With: #CVAReducation, #Cvarmember, #REvive2020, cvarconnect, Fannie Mae, July 2020

Fannie, Freddie Announce Mortgage Deferral

May 18, 2020

Fannie Mae and Freddie Mac have announced additional relief options for homeowners struggling due to the COVID-19 pandemic.  According to announcements from the two companies last week (May 13), homeowners in forbearance can now request payment deferrals as early as July 1. This allows any missed payments to be made up at the end of […]

Filed Under: At A Glance, CVAR Connect, Government Affairs Tagged With: #Cvarmember, #FannieMae, COVID-19, cvarconnect, Fannie Mae, Freddie Mac

May 11 CVAR Connect

May 11, 2020

CVAR’s COVID-19 Resources REALTORS®: Updates & Guidelines What’s Happening at CVAR under COVID-19 restrictions IRS: Tax Relief for Business Latest COVID-19 Updates from C.A.R. Citrus Valley Association of REALTORS® is conducting all business remotely. Meetings and classes presented by CVAR will be online and free of charge (see available classes below).   Legal Update  Click this link to join […]

Filed Under: CVAR Connect, Education & Events, Video Tagged With: #citrusvalley, #CVAReducation, #Cvarmember, CVAR Connect, cvarconnect, Fannie Mae, Gov Hutchinson, IRS

Fannie, Freddie to Buy Loans in Forbearance – With a Catch

April 27, 2020

(April 27 UPDATE: Fannie Mae and Freddie Mac’s regulator said Monday that borrowers benefiting from programs that let them skip mortgage payments due to the coronavirus pandemic won’t have to make lump-sum repayments when the crisis passes.) The Federal Housing Finance Agency (FHFA) has announced that it will allow Fannie Mae and Freddie Mac to […]

Filed Under: CVAR Connect, Government Affairs Tagged With: #Cvarmember, #FannieMae, #FreddieMac, CARES Act, cvarconnect, Fannie Mae, FHFA, forbearance, Freddie Mac

Fannie, Freddie Subpoenaed in Commission Lawsuit

February 18, 2020

Plaintiffs in an antitrust lawsuit that could shake up the real estate industry have subpoenaed mortgage giants Fannie Mae and Freddie Mac, sharpening scrutiny of real estate commissions nationwide. The subpoenas were issued by the smaller of two bombshell commission lawsuits filed against the National Association of Realtors and real estate franchisors Realogy, Keller Williams, RE/MAX, HomeServices […]

Filed Under: At A Glance, Government Affairs Tagged With: #CVARmembers, commission, CoreLogic, cvarconnect, Department of Justice, Fannie Mae, Freddie Mac, lawsuit, NAR, Sitzer, subpoena

Fannie, Freddie Up Loan Max

December 2, 2019

Fannie Mae and Freddie Mac will let mortgage borrowers nationwide take out home loans over $500,000 in 2020. The Federal Housing Finance Agency announced last Tuesday that it will increase the limit on conforming loans, meaning mortgages that adhere to the standards imposed by Fannie Mae and Freddie Mac to a maximum of $510,400 nationwide. In […]

Filed Under: At A Glance, National News Tagged With: Fannie Mae, FHFA, Freddie Mac, loan amount, MarketWatch, mortgage limit

Housing Could Buoy the Economy in 2020

November 25, 2019

Fannie Mae economists have upgraded the economic outlook for the coming year, and a big reason behind that is expected growth in the housing market. Housing added to economic growth in the third quarter for the first time in more than a year and a half. That momentum will likely continue in the fourth quarter […]

Filed Under: At A Glance, Government Affairs Tagged With: #CVARataglance, #Cvarmember, #CVARmembers, affordability, consumer spending, cvarconnect, economic outlook, economy, Fannie Mae

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