FRIDAY | AUGUST 28, 2009
The Impact of the Home Valuation Code of Conduct
This month, NAR conducted a survey of its members to gauge the impact the Home Valuation Code of Conduct (HVCC) is having on the real estate industry. A preliminary analysis released on July 6, 2009, indicated that the implementation of the HVCC appears to be having adverse impacts on the housing ma... READ

MONDAY | AUGUST 24, 2009
Fire Sprinklers
Per legislation that was signed by the Governor last July (with the Realtors help!), the HBA has been working with the Missouri Fire Service Alliance (FSA) to help home builders with offering residential fire sprinklers. Beginning this Friday, the law requires that all builders provide consumers wi... READ

MONDAY | JULY 27, 2009
Revised TILA Disclosure Requirements
Effective July 30th Lenders will be subject to new disclosure requirements for mortgage loans under the Federal Reserve Board Truth in Lending Regulation (Reg Z). The new requirements apply to loan applications filed on or after July 30, 2009 (about two months earlier than originally planne... READ

TUESDAY | APRIL 21, 2009
MISSOURI HOUSE PASSES FAIR TAXATION BILL
The Fair Tax system would replace Missouri’s individual income tax, corporate income tax and sales with a simple fair sales tax of 5.11% on retail sales and taxable services. Of course before this new system is adopted, our citizens would have to agree by vote. If approved, the Fair Tax system woul... READ

THURSDAY | APRIL 09, 2009
Fannie Mae Announces Guidelines for Loan Limits in High Cost Areas
On March 30, Fannie Mae implemented the 2009 conforming loan limits for high cost areas ("high-balance" loans above $417,000). The American Recovery and Reinvestment Act (ARRA) raised loan limits for high cost areas for 2009 to the higher of the permanent limits in effect for 2009 or the temporary l... READ