Tom Salomone Archive

Student Debt in Spotlight with Consumer Financial Protection Bureau Report

The Consumer Financial Protection Bureau just released a fresh report showing that student loan servicers are falling short in their efforts to help borrowers pay down loans.  According to the CFPB, most borrowers with federal student loans have been...

NAR Puts Technology in Focus at Events with White House, Google

On the heels of a major victory for commercial drone use, the National Association of Realtors® was invited by the White House this week to attend a workshop on “Drones and the Future of Aviation.” The White House Office...
August 3, 2016

VIDEO: NAR Condo Legislation Signed into Law

H.R. 3700, the “Housing Opportunity Through Modernization Act,” officially became the law of the land over the weekend with the signature of President Barack Obama. NAR President Tom Salomone hailed Senate passage of the legislation earlier this month, saying...

Affordable Homeownership in Spotlight at “Housing for All” Symposium

More than a half million people experience homelessness in America on any given night, and the National Association of Realtors® is looking for ways to help. NAR brought housing experts together with real estate professionals this week to address...
July 20, 2016

Salomone: PACE Program Changes Place “Unnecessary Pressure on Homeowners”

Today the Federal Housing Administration (FHA) and Department of Veteran’s Affairs (VA) announced changes to the treatment of Property Assessed Clean Energy (PACE) loans. This new guidance, which goes into effect immediately, states that PACE loans will remain in...

NAR Symposium Highlights Consensus: Access to Credit is Paramount for Homeownership

Tight underwriting has made mortgage credit hard to come by, even for the most creditworthy borrowers. But the situation is even tougher for people who come from backgrounds that avoid debt, leading to little or no credit history. Minorities...

Highlights from 2016 NAR Member Profile

Earlier today the National Association of Realtors® released the 2016 NAR Member Profile. The report found that Realtors®’ median age and experience has decreased, meaning new and younger professionals are entering the industry. The typical member reported a median...

Highlights from the REALTORS® 2016 Legislative Meetings and Expo

The REALTORS® Legislative Meetings & Trade Expo happens every May in Washington, D.C. The event is an opportunity for NAR members to take an active role to advance the real estate industry, including weighing in on important public policy...
May 19, 2016

Story Idea: Get Ready, Get Insured for National Hurricane Prep Week

Predictions are beginning to roll in for this year’s hurricane season, with some experts saying we’re in for an “approximately average” hurricane season. And while “approximately average” may sound like cause for celebration, even the “slightly below average” 2015...

Famed Washington Post Reporter Trades Wisdom (and Real Estate Tips) with Realtors®

The 2016 election has been called “unprecedented” and “unlike any other,” but seasoned journalist Bob Woodward had a lot to say at the 2016 REALTORS® Legislative Meetings & Trade Expo about lessons learned from past administrations and what they...