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

A missive from NAR President Bill Brown to HUD Secretary Ben Carson outlines NAR's thoughts
  • 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.

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.