June 13, 2024

In This Issue:

  • Texas Legislature Insights: Housing Affordability Top of Mind With State Lawmakers
  • TREC Meeting Recap: Proposed New Rules, Fee Focus, NAR Debrief
  • Texas Realtors: Drafts of New and Updated Forms
  • FHFA Seeks Public Input on Fannie Mae's and Freddie Mac's Proposed Duty to Serve Underserved Markets Plans for 2025-2027

Texas Legislature Insights: Housing Affordability Top of Mind With State Lawmakers

TLTA  | Jun 13, 2024
Texas' Republican and Democratic parties recently approved their new and revised platforms, and both feature a common element: housing affordability. The Texas Tribune offers insights and analysis on the party platform commonalities related to zoning laws. 
 
And, in case you missed it, we reported on a number of interim charges in the House and Senate related to housing affordability in a recent edition of Dateline. 
 
Your TLTA Advocacy Team continues monitoring closely the diverse discussions among Texas lawmakers regarding housing affordability and will alert you if any proposals or plans of which you should be aware are spurred by these discussions.
 

TREC Meeting Recap: Proposed New Rules, Fee Focus, NAR Debrief

Texas Real Estate Commission | May 29, 2024
Record-breaking attendance made the TREC Meeting in Dallas-Fort Worth (DFW) a standout and marks the Commission's second out-of-Austin meeting. Leaving the comforts of the Texas Capitol Complex in Austin—where TREC is headquartered—is an initiative that began last year in an effort to connect with more license holders and Texans.
 
Read TREC's Hearing Summary With New Rule Proposals and More »
 

Texas Realtors: Drafts of New and Updated Forms

Texas Realtors  | Jun 12, 2024
To comply with NAR’s upcoming MLS rules changes, the Texas REALTORS® Legal Department and Residential Forms Task Force updated 16 forms and created 3 new ones. While the forms will not be available for use until June 24, drafts are available for review.
 
Review Drafts and Learn More »
 

FHFA Seeks Public Input on Fannie Mae's and Freddie Mac's Proposed Duty to Serve Underserved Markets Plans for 2025-2027

FHFA | June 11, 2024
The Federal Housing Finance Agency (FHFA) issued a request for input (RFI) on the proposed 2025-2027 Underserved Markets Plans (Plans) submitted by Fannie Mae and Freddie Mac (the Enterprises) under the Duty to Serve (DTS) program. The proposed Plans cover the period from January 1, 2025, to December 31, 2027.

“Providing sustainable liquidity for affordable housing preservation, rural housing, and manufactured housing in a safe and sound manner is a key component of the Enterprises’ statutory responsibility to serve underserved markets,” said Director Sandra L. Thompson. “I look forward to hearing the public’s input and feedback on the plans the Enterprises have proposed.”
 
Learn More »