Federal Legislation and Impact to the Real Estate Market
Federal Legislation and Impact to the Real Estate
The Constitution was written to outline the limits of the federal government, to protect the people and to protect the people from government. The government is also obligated to ensure that all people have the opportunity to acquire property by ensuring the housing market is free from discriminatory and predatory practices. For these reasons I support federal government efforts to regulate the housing arena to ensure fairness, accessibility and equity in the market. I also support the federal government role in efforts to restore the market and to provide resources and assistance to help avoid foreclosure. For example, the Fair Housing Act was enacted in 1968 to "remove the walls of discrimination which enclose minority groups" to address the rampant issue of racial segregation in both public and private housing. I believe this is arguably the most critical legislation as it prohibits discriminatory practices and give the public fair access to housing.
The Housing and Economic Recovery Act of 2008 signed into law by President Obama is a critical legislation that aids the American homeowner and those aspiring to homeownership. It provides...
Federal Securiies Laws Disclosure: Pros and Cons Federal securities laws disclosure: pros and cons Economic agents were traditionally forced to generate funds by themselves. Upon stating up a business entity, the owner was required to possess most of the capital and would collect the additional necessary one through loans from either individuals or specialized institutions. Gradually, the capital requirements became more easily to satisfy as the incidence of financial institutions increased. In
Federal Budget Process Every year the federal administration is involved with a total revenue and expenditure of about 1.5 trillion USD as a matter of fiscal practice. (Keith, 1996) The budgetary strategy of the federal administration is an integration of the guidelines that the policy makers, legislator, bureaucrats apply for designing, continuing, regulating and accounting fro the expenditure and revenue strategy. Normally the budgetary strategy involves formulation of the budget of
4). Though there has been a requirement to disclose those contributions since January 1, 2008, over the past 18-month period, ending June 30, 2009, over $56 million has been given to organizations and events that honor lawmakers and administration officials (Roth & Knott, 2009). Many of the donations are questionable. In 2008, Boeing donated $9.2 million, including support for the Johnstown Symphony concert honoring democrat John Murtha of Pennsylvania, who happens
Legislation Pertaining to Foreign Nurses Practicing in the United States Discuss the process that this legislation will go through, referencing the steps to the legislative and administrative process The Rural and Urban Health Care Act of 2001 (S 1259 and HR 2705) dramatically expanded the existing H-1C temporary nursing visa program established in 1999. Before, there were only three ways that foreign-educated nurses could get permission to enter the United States to
A secondary mortgage market permits mortgage originators to be more responsive to dynamic mortgage demand and to lower mortgage rates for some homeowners when mortgage demand is higher. According to Koppell (2001): Government-sponsored enterprises (GSEs) are hybrids -- part public, part private -- that affect the lives of most Americans. Anyone who has borrowed money to purchase a home, farm, or pay for college, or invested in a mutual fund
The Real ID Act is regarded as unnecessary and useless, time and money consuming. Based on these arguments, several states have already refused the implementation of the Real ID Act on their territory and in many other states there are pending bills regarding the non-implementation of the Act (Behreadt, 2007). Of course, there are states such as California or New York which support the implementation of the Real ID
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