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Government Affairs

Government Affairs

Government Affairs is the voice of the REALTORS® in local government. Our goal is to protect the REALTORS® of San Mateo County from ordinances, rules and regulations that would be a hindrance to the success of their businesses.  Government Affairs also works to advance one of SAMCAR's primary objectives: the preservation of private property rights throughout San Mateo County.

The Government Affairs staff informs and advises the Board of Directors and SAMCAR's Legislative Committees regarding pertinent land use and zoning policies, state and federal legislation, and local political issues. In conjunction with SAMCAR REALTORS®, the Government Affairs staff executes the legislative and political directives of the Board of Directors.

Government Affairs serves as a liaison between SAMCAR and the California Association of REALTORS® and the National Association of REALTORS®, and assists with member mobilization for state and federal issues of importance to the real estate industry.


Government Affairs Director

850 Woodside Way, San Mateo CA 94401 (map)
(650) 696-8200
 
 

FHA Flipping Waiver Expires
FHA will not extend the temporary waiver of FHA's regulation that prohibits the use of FHA financing to purchase single family properties that are being resold within 90 days of the previous acquisition.
Fannie & Freddie Suspend Foreclosures; Loan Defaults Plunge
Fannie Mae and Freddie Mac announced they plan to suspend evictions on foreclosed single-family properties nationwide during the holidays, from December 17, 2014 through January 2, 2015. In a related note, the nationwide mortgage loan delinquency rate—the number of borrowers 60 or more days past due on their mortgage—is projected to drop to 3.12 percent by the end of this year according to TransUnion.
Fannie Mae Streamlines Condo Approvals
Fannie Mae has published an update to its lender selling guide to improve and streamline its condominium project approval process. Full details are available in Fannie Mae Seller/Servicer guide.
Foster City Finalizes Smoking Ordinance
Final changes to the second hand smoking ordinance in Foster City have been adopted by the City Council. The ordinance regulates/bans smoking in and around city controlled spaces and events, commercial/retail spaces, apartments, condominiums and townhomes and will impact private property rights.
Obama: Won't Change Fannie and Freddie Without Legislation
President Obama stated he will not end government control of mortgage-finance companies Fannie Mae and Freddie Mac without legislation. SAMCAR along with NAR have recommend that Fannie Mae and Freddie Mac be replaced by a non-shareholder owned authority, subject to tighter regulations.
FHFA to Set Guidelines on Mortgage Fees
FHFA has announced that it will propose a new framework early next year for how mortgage giants Fannie Mae and Freddie Mac will set their so-called G-fees.
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