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NAR Supports Congressman Bill Posey

By Meagan Bauer posted 07-16-2020 15:47

  
NAR Supports Congressman Bill Posey



As you know, Congressman Posey is a longtime member and friend of the Space Coast Association of REALTORS®. We want to share with you details of why the National Association of REALTORS® supports Congressman Posey and why he is a ‘Realtor Champion’ advocating for your business, property rights and the dream of homeownership. Congressman Posey is up for re-election this year. When you vote for Congress, we ask that you keep the information below in mind.

Posey History - NAR

 

Legislative Action: 

  • 116th Congress: FHA condo letter, PPP Letter.

 

  • Previous Congresses: Three time co-sponsor of legislation to extend mortgage debt tax relief; Co-sponsored H.R. 3700 Housing Opp Through Modernization Act of 2015 ; Co-sponsored Preserving Access to Manufactured Housing Act of 2015; Co-sponsored the Mortgage Choice Act; Signed onto the TRID letter to CFPB; Co-sponsored H.R.  3192 Homebuyers Assistance Act- TRID delay legislation (Hill-Sherman); Co-sponsored Flood Insurance Market Parity & Modernization Act (private flood); Author of Posey-Ackerman letter on FHA & GSE Loan Limits- successful bi-partisan effort; Cosponsored Moratorium on HVCC and Extension of Homebuyer Tax Credit; Co-sponsor of MID resolution in protecting MID at $1 million; 2013 Co-Sponsor of Credit Union Small Business Jobs Creation Act; Co-sponsor of Short Sale legislation; Sent letter to regulators urging against the 20% down QRM standard; Signed letter to FHA regarding condo regulations; Co-sponsor of legislation to clarify RESPA, signed letter to regulators urging fair lease accounting standards; Rep. Posey was the lead author of the FHA Condo letter; cosponsor of HR 1422 the Flood Insurance Market Parity & Modernization Act.
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