Posts Tagged transfer fee
FHFA: The Fight’s not Over Yet!
As you are aware, thanks to the response of CAI members, the Federal Housing Finance Agency (FHFA)has made significant changes to its proposed regulation on private, deed-based transfer fees. And in case you missed it, your efforts made the national news with reports in the Washington Post and LA Times! But, our struggle is not over. [...]
Dodging a bullet on home transfer fees
February 11, 2011 04:30PM By Kenneth R. Harney Thousands of homeowners associations and condominiums around the country just sidestepped a potentially costly problem: Earlier this month, a federal agency backed off its controversial plan to make obtaining mortgages in their communities much more difficult, and to dry up a key source of revenue that associations [...]
FHFA Modifies Draft Transfer Fee Regulation
2/7/2011 - Alexandria , VA Community Associations Institute (CAI) is praising the Federal Housing Finance Administration (FHFA) for revising a proposed regulation that could have prevented potential homebuyers from securing mortgages for as many as 11 million U.S. homes. CAI lobbied the FHFA to modify its initial proposal, which would have prevented Fannie Mae, Freddie Mac [...]