Creating Affordable Housing Opportunities

• Reform the FHA Single-Family Mortgage Insurance Program to give FHA the flexibility to reach more low- and moderate-income borrowers.

• Increase the FHA single-family and GSE conforming loan limits to better reflect home price appreciation.

• Support creation of a GSE affordable housing fund financed by Fannie Mae and Freddie Mac.

• Support creation of an affordable housing tax credit to increase the supply of affordable housing available for purchase.

• Support alternative ways to assess the credit-worthiness of potential homebuyers.

Protecting Consumers in the Real Estate Transaction

• Permanently bar the mixing of banking and commerce

• Support strong anti-predatory lending legislation and regulations and oppose preemption of state predatory lending laws.

• Preserve favorable real estate tax policies that support housing opportunities and homeownership

• Support the preservation of the mortgage interest deduction and the state and local property taxes deduction.
• Retaining the current law treatment of Section 1031 like-kind exchanges.
• Retaining the capital gains $500,000 exclusion on principal residences.

• Support the consistent and ongoing availability and affordability of residential and commercial property insurance.

• Support continued funding for updating of the National Flood Insurance Program’s (NFIP) flood maps.
• Support reform of the NFIP to ensure its efficiency and effectiveness. Support the availability and affordability of insurance in disaster prone areas.
• Support the permanent availability of terrorism insurance coverage for commercial and multifamily properties.

Enacting Health Care Insurance Legislation

Seek enactment of legislation that would make affordable health insurance available to self employed Realtor members and firm employees.