On Jan. 12, President Obama signed H.R. 26, the Terrorism Risk Insurance Program Reauthorization Act of 2015, into law. On Jan. 7 the House passed H.R. 26, by a vote… Continue Reading TRIA signed into law with 6 year extension
Category: News
Harris named KAR Director of Governmental Affairs
The Kentucky Association of REALTORS® (KAR) announces that David C. Harris has been hired as the Director of Governmental Affairs. David comes to KAR with a strong and impressive background… Continue Reading Harris named KAR Director of Governmental Affairs
Kentucky special election for Senate seat has candidates
Democrats and Republicans in the 27th Senate District nominated their candidates on Saturday for a special election to fill a vacancy by newly sworn-in Rowan County Judge-Executive Walter Blevins, kickstarting… Continue Reading Kentucky special election for Senate seat has candidates
Kentucky Representatives elect leadership
House Republicans re-elected their longtime leader on Tuesday despite growing frustration in the party that Kentucky remains the only Southern state with a Democratic-controlled legislature. Democrats re-elected House Speaker Greg… Continue Reading Kentucky Representatives elect leadership
Kentucky firms see price fixing claims dismissal upheld
A federal appellate court affirms dismissal of class-action lawsuit brought by home sellers who claimed that local brokerages had conspired to fix commission rates in violation of federal antitrust laws.… Continue Reading Kentucky firms see price fixing claims dismissal upheld
Terrorism Risk Insurance reauthorization fails to pass Senate
The following is a statement by National Association of Realtors® President Chris Polychron: “The U.S. Senate’s alarming failure to renew the federal terrorism risk insurance program before adjournment will stall… Continue Reading Terrorism Risk Insurance reauthorization fails to pass Senate
Realtors® applaud passage of legislation to extend key real estate tax provisions
The following is a statement by NAR President Chris Polychron: “The package of tax extensions approved by the U.S. House and Senate, and headed to the President’s desk for signature,… Continue Reading Realtors® applaud passage of legislation to extend key real estate tax provisions
3 percent down payment mortgage makes a comeback
In an effort to open up lending to more low-income and first time home buyers, Fannie Mae and Freddie Mac announced Monday that they will start backing mortgages with down… Continue Reading 3 percent down payment mortgage makes a comeback
Kentucky homebuyers targeted with solicitation, warning from AG
Attorney General Jack Conway is warning recent Kentucky homebuyers to be vigilant of official-looking mailings being sent by “Record Transfer Services” that attempt to sell homebuyers copies of their property… Continue Reading Kentucky homebuyers targeted with solicitation, warning from AG
FHA announces loan limits for 2015
On Dec. 5, 2014, the Federal Housing Administration (FHA) released its 2015 Loan Limits. FHA’s calculation for maximum loan limits in high cost metropolitan areas of the country will remain… Continue Reading FHA announces loan limits for 2015