“We wish Tom well in his desire to relocate to New Jersey where his wife, Diane, has just assumed a great CEO opportunity herself. In two very short years Tom grew our fledgling enterprise to over $70mm in assets, making it one of the fastest growing credit unions in the country. Tom left us with an excellent team and because of his leadership we are very excited about the future of REALTORS® FCU.”

Jane Pannier, the credit union’s Executive Vice President and General Counsel, has been named the new acting President and CEO. Jane says “I’m so honored to be following in Tom’s footsteps and I’m very excited about the opportunities that lie ahead for REALTORS® FCU.”

According to NAR, “Congress must restructure Fannie Mae and Freddie Mac in a way that keeps the federal government involved in the secondary market to ensure mortgage liquidity.”

The House bill, H.R. 5017, the Rural Housing Preservation and Stabilization Act of 2010, would provide additional commitment authority under Section 502, Rural Housing Service (RHS) Single Family Housing Guaranteed Loan Program, for the remainder of the fiscal year, which ends Sept. 30.

FHA remains financially strong because it has taken steps to ensure solid underwriting standards and responsible lending practices, said Charles McMillan, NAR immediate past president, in testimony before the House Subcommittee on Housing and Community Opportunity today.

For more information on Mr McMillan’s statement and testimony, click here.

According to NAR, REALTORS will receive a 20 percent savings on DocuSign Basic and DocuSign Standard editions. DocuSign Basic is a limited edition while DocuSign Standard is an expanded version offering full functionality and a robust feature set. Subscribers must present a valid NRDS member identification to qualify.

NAR’s Board of Directors:
“Amended the Multiple Listing and Internet Data Exchange Policy to conform to NAR virtual office Web site (VOW) policy and to make clear that participants may not use IDX-provided listings for purposes other than display on their Web sites but are not required to prevent indexing of their Web sites by recognized search engines.”

This is a clarification that was brought to the forefront when MIBOR (Metro Indy Board of REALTORS) sought to force their members with sites that indexed listings de-index them from major search engines such as Google, Yahoo, and etc.

Comment #205 by @realtorjimlee

provided a short and sweet explanation of what happened courtesy of Bob Goldberg, President of the REALTOR Information Network (RIN):

I reported the ad you wrote about and sent a screen capture of your screen capture along with it.

• голова болит секс

Bob Goldberg is the President of the Realtor Information Network (RIN) which is wholly owned by NAR. Bob and RIN oversee the day to day dealings and are NAR’s liason to Move.

“REALTOR. Com is all over this. It appears one of the ad networks submitted the ad under a different name.

Same problem happened w NY Times. Anyway they will get it removed immediately. The key point is that REALTOR. Com did not sell the ad and would never allow it.” голова болит секс

BTW, Lindsay who commented just above me: Realtor.com has always been and is owned by NAR. They license the operation of it to a company called Move.com.

They have absolute control, via their operating agreement, over what types of ads are displayed there and “adult” material is never allowed. голова болит секс

Since this happened over the weekend the post has been drawing a lot of negative feelings from agents who work on weekends and are shocked to discover that Move.com doesn’t work in the same way. More shocking, a few were surprised that REALTOR.com was operated by Move, Inc. in an agreement between the National Associate of REALTORs and Move. This came as news to many who held more wild ideas of who owned and operated REALTOR.com including suggestions of Realogy (conglomerate owner of real estate brands like Century 21, Better Homes and Garden Real Estate and Sotheby’s) to others.

Another question raised in the minds of many is whether a contracted third party should run REALTOR.com versus the NAR itself. What do you think? голова болит секс голова болит секс

The 2009 study indicates that the greatest home purchasing activity by international clients occurred in Florida, Texas, California, and Arizona. The top regions of origin for international buyers were Europe (30.8 percent), North America (27.5 percent) and Asia (25.2 percent).

The current report reflects activity of Realtors® in the 12 months between May 2008 and May 2009. It also contains data on commercial purchases and information about barriers to foreign buyers to purchasing U.S. property.

If the $8,000 first time home buyer has proven to bring reluctant first time buyers into the market then the recently proposed $15,000 tax credit to all buyers Tapioca

Winnie the Pooh: A Valentine for You video Under Siege dvdrip could be a game changer. The real estate market has been in the doldrums for the past few years and with the introduction of the first time home buyer credit earlier this year the market has finally begun to see home sales increase with 40% of first time buyers making up the market.

The idea behind the most recent bill, introduced in mid-June 2009 and referred to the Committee on Finance, would be to increase the current home buying credit from $8,000 to $15,000 and to release the restriction that the home buyer must be purchasing their first home in order to be eligible for the tax credit. The bill, S. 1230: The Home Buyer Tax Credit Act of 2009, was originally introduced by Sen. John Isakson [R-GA] and is currently co-sponsored by 15 Senators.

The bill is unlikely to see much face time until the current first time home buyer credit runs its course and expires on December 1, 2009. As unfortunate as it may be, delaying the passing of an increased home buyer credit until the expiration date passes on the current incentive makes perfect sense. Rather than first time buyers holding off on their purchases in anticipation of an even greater credit they will continue purchasing homes through November 2009.

That said, should a $15,000 home buyer credit eventually come to fruition for buyers in 2010 the potential for an increase in the sale of luxury and new homes is significant as more buyers and current homeowners are able to take advantage of the new credit.

Have you seen a dramatic increase in home buyers eager to take advantage of the current $8,000 tax credit or has it been business as usual? Will a $15,000 tax credit make a difference? Tell us what you think in the comments below!

Image Credit: woodleywonderworksBabel dvd

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Tremors 3: Back to Perfection trailer for the economy and real estate markets as a result of the recent historic election that took place – and they would like for it to happen soon.  The NAR is made up of approximately 1.2 million members and is the nations largest official organization for real estate professionals.  Some discussion regarding economic enhancements (read: bailouts) to try and jump start the economy back into moving in a positive direction.  It also delves into expecatations for the real estate market if interest rates were lowered which would potentially allow nearly a million additional homes to be purchased/sold with the lower payments that borrowers in which they would be able to qualify.