RPAC: Your Best Investment in Real Estate
Since 1969, the REALTORS® Political Action Committee (RPAC) has promoted the election of pro-REALTOR® candidates across the United States. The purpose of RPAC is clear: REALTORS® raise and spend money to elect candidates who understand and support their interests. The money to accomplish this comes from voluntary contributions made by REALTORS®. These are not members’ dues; this is money given freely by REALTORS® in recognition of how important campaign fundraising is to the political process. RPAC doesn’t buy votes. RPAC enables REALTORS® to support candidates that support the issues that are important to their profession and livelihood.
25 May 2020
The income tax exemption on mortgage debt forgiven in a short sale or a workout for principal residences has been extended by the House of Representatives.
Both the House and the Senate are in session this week. What issues should REALTORS® follow? The House is expected to vote on the Roy/Phillips, H.R.6886 - Paycheck Protection Program Flexibility Act. NAR is submitting a letter. The House is only in session May 27 & 28.
Download these presentation slides for an introduction to the history of the GSEs, their current situation, and an update on housing finance reform.