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NCSHA Today!

 

HFA News

Blogs

  • Blog Post
    May 17, 2013
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    On May 17, the U.S. House of Representatives passed the SEC Regulatory Accountability Act, H.R. 1062. This legislation, which was introduced by the Financial Services Committee’s Capital Market Subcommittee’s Chairman, Rep. Scott Garrett (R-NJ), would require the Securities and Exchange Commission (SEC) to conduct economic cost-benefit analyses of any new rule they issue.

  • Blog Post
    May 16, 2013
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    The Senate Finance Committee yesterday considered in a closed-door members-only meeting options for reforming the tax code in the area of economic and community development, including housing.

  • Blog Post
    May 16, 2013
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    A special report released by Moody’s on May 10 finds that participating in Fannie Mae’s HFA Preferred Risk Sharing program could benefit HFAs’ credit by allowing them to offer a new product to borrowers and increase their presence in the affordable housing market. The report also warns that HFAs participating in the program may face increased costs due to unexpected early defaults and also from setting up the secondary financing infrastructure necessitated by the program, but says that HFAs should be able to mitigate these risks.