For those of you just joining us, here are the major legislative/regulation issues we’re tracking at the moment:
- Will FHA loan limits drop on October 1? (Click here for more.)
- Will the full Senate vote to re-authorize the National Flood Insurance Program? And will the House and Senate be able to reconcile their bills and get President Obama’s signature before the September 30 deadline? (Click here for more.)
- Should the federal government help homeowners with high interest rates refinance at today’s rates, even with shaky credit? (Click here for more.)
- Will investors be able to buy REOs in bulk to turn them into rental properties? (Click here for more.)
There’s much more, of course, but these are the issues most likely to see some action in the near future.