NAC Blog: More funding for PPP

I’ve been thinking a lot about the NAHREP 10 disciplines. Of course, the one that pops out right now for me in neon lights is the ominous: Live below your means and be ready for the next recession because downturns are a regular part of our economic cycles. Regardless of whether we heeded that advice and saved for a rainy day, the most important thing right now is #mindset. At NAHREP, we stay positive, we push forward, we think ahead, and we innovate.

NAHREP urges reevaluation of proposed reform to the Community Reinvestment Act regulatory framework

NAHREP submitted a letter on April 8, 2020 urging the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to rethink some of the proposed changes to the Community Reinvestment Act (CRA). NAHREP believes that the current proposal would result in significantly fewer loans, investments and services to Latino communities. While some of the changes are positive, the proposed rule, as it stands today could jeopardize investments made to communities with high Latino populations, reduce access to credit for credit worthy families, and ultimately hamper economic activity within the housing market at a time when it is most urgently needed.

NAC Blog: NAHREP and a historic stimulus bill

Wow. This week was a whirlwind. So much has happened and continues to happen as our country reshuffles itself into a new reality. I’ve appreciated all of your stories, input, comments on social media, reposts and private messages. Our community is so powerful, resilient, and resourceful, and we have shown the face of that spirit in full force this past week.

NAHREP urges the passage of the SECURE Notarization Act of 2020

In order for real estate professionals to continue to do business from the safety of their homes, it is imperative that current regulations preventing remote home sales and mortgage transactions be lifted. NAHREP urges law makers to remove all red tape involving remote home sale transactions. The Remote Online Notarizations (RONs) will allow a notary and signer to safely and securely execute electronic documents using a two-way audiovisual communication. As of now, 23 states have approved the use of RON technology. However, borrowers in more than half the country remain unable to close on a real estate transaction without an in-person signing.