NAR letter urges HUD to focus on mortgage premiums, Fair Housing

  • NAR wants HUD to make changes to its Community Development Block Grants assessment process and to clarify the process by which disabled people can request reasonable accommodations for service animals.
  • It also asks that HUD reconsider whether lifetime mortgage insurance premiums are necessary and to lower premiums, and addresses PACE loans and FHA condo policy tweaks.

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When President Donald Trump signed Executive Order 13777, “Reducing Regulation and Controlling Regulatory Costs,” it’s a fair bet that he intended the Department of Housing and Urban Development (HUD) to take a close look at its rules and regulations in order to determine what’s necessary and what’s excessive.