The RANM Office will be closed, Friday, July 4, in observance of Independence Day.
Be a RANM Committee Member
You can be part of the 2009 REALTORS® Association of New Mexico Committee Team. A list of 2009 Committees and Request for Appointment Form is available at nmrealtor.com. Deadline for applications is August 15, 2008.
Summer Caravan a Great Success
RANM Leadership and staff met with nearly 300 REALTORS® Association of New Mexico members during the Summer Caravan. For a photo gallery from the stops, click here.
Night at the Opera a Great Success!
REALTORS® had a wonderful evening at The Marriage of Figaro and Las Campanas dinner. Thanks to all who participated and supported RPAC-NM. For a photo gallery from the event, click here.
NM Multi-Board MLS Director Openings
The New Mexico Multi Board Multiple Listing Service has two openings for three year Director Terms beginning January 1, 2009. If you are a NMMLS Participant or Subscriber, and interested in serving as a Director, contact Ginna Martinez at ginna@nmrealtor.com or 800-224-2282, ext. 165.
FHA/GSE Legislation
Since late last week, the Senate has been considering a housing bill that includes FHA reform (with permanent loan limits to 110% of local area median home price, capped at $625,500), GSE reform (with permanent loan limits to 100% of local area median home price, capped at $625,500), FHA foreclosure rescue, development of a National Affordable Housing Trust Fund, and an $8000 Homebuyer Tax Credit. The bill has stalled due to a procedural vote in the Senate. Senate Majority Leader, Harry Reid (D-NV), has indicated that there will be no further action on the legislation until July 8 at the very earliest. Meanwhile, the House is still arguing for NAR-supported higher loan limits and several other amendments that the Senate has balked at. If this sounds confusing to you, that’s because it is. If you’d like more information, please feel free to contact Megan Booth at mbooth@realtors.org or 202-383-1222. For information about the tax provisions in the bill, please contact Linda Goold at lgoold@realtors.org or 202-383-1083.
What does all this activity mean for NAR’s current Call for Action (CFA)? The CFA will remain live through the at least the 4th of July recess. That means there’s still time to take action. Because of the impasse, it’s more important now than ever to get those letters up to the Senate. Take action today! YOU Are the REALTOR® Party!
