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June 2017 |
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William E. Brown
2017 NAR President |
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Dale A. Stinton
Chief Executive Officer |
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Five Star |
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BrightMLS |
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Four Star |
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California Regional MLS (Matrix) |
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Two Star |
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NorthstarMLS |
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RMLS Oregon and SW Washington |
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Mid America Regional Information System |
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MLSListings Inc |
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John L. Scott Real Estate |
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Wasatch Front Regional MLS |
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Carolina MLS |
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REALTRACS (MTRMLS, Inc.) |
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RE/MAX, LLC |
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Shorwest, REALTORS® |
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Alain Pinel, REALTORS® |
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Howard Hanna Company |
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ShowingTime, Inc. |
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Watson Realty Corporation |
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One Star |
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CCIM Institute |
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Central Virginia Regional MLS |
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Institute of Real Estate Management |
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Tucson Assoc of REALTORS® (MLSSAZ) |
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Virginia Association of REALTORS® |
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Columbus and Central Ohio Regional MLS |
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State Wide MLS Inc. |
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Women's Council of REALTORS® |
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BHHS Edina Realty |
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BHHS Rector Hayden, REALTORS® |
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BHHS First Weber, Inc. |
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Society of Industrial and Office REALTORS® |
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BHHS Huff Realty |
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BHHS Reece Nichols Real Estate |
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San Francisco Association of REALTORS® MLS |
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BHHS Semonin, REALTORS® |
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BHHS Fox & Roach |
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Webb Mason |
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BHHS First Realty, LTD |
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Greater Nashville REALTORS® |
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BHGRE Gary Greene |
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HiCentral MLS, Ltd. |
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BHHS New England Properties, Inc. |
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Lyon Real Estate |
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Corporate Ally Investors |
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MLS of Roanoke Valley, Inc. |
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Northern Kentucky Association of REALTORS® MLS |
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Northwest Ohio Real Estate Information System, Inc. |
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The MLS of Jackson |
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South Central Wisconsin MLS Corp. |
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Northeast Oklahoma Real Estate Services, Inc. |
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Northwest Oklahoma Association of REALTORS® |
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THEWilmington MLS |
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Northeast Louisiana Association of REALTORS® |
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Bayou Board of REALTORS®, Inc. |
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Fort Smith BOR MLS |
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Greater Augusta AOR |
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Northern Nevada Regional MLS |
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Northwestern Wisconsin MLS |
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Bay East Association of REALTORS® |
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Team Store |
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Greater Greenville MLS |
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Big Sky Country MLS |
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Kings County Board of REALTORS® MLS |
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South Central Board of REALTORS® |
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Clareity Consulting |
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Southshore MLS |
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RLI |
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Council of Multiple Listing Services |
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Northwest Louisiana Association of REALTORS® |
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A Message from Corporate Ally Program Advisory Chair Jim Imhoff
As we enter the midway point in our fundraising year, I wish to thank all of our new and returning investors for their generous investments to the Corporate Ally Program. We are making great progress toward reaching our annual goal of $1,506,500. Your support is helping keep REALTOR® Party advocacy strong and vital to the success of our industry. A special note of thanks goes to the hardworking members of the Corporate Ally Program Advisory Board and the Corporate Investor Council for all their efforts in the field to raise awareness and money for this important campaign. Together, you all are making great things happen for the REALTOR® Party.
I hope you enjoy this edition of the Corporate Ally Program newsletter and will share it with your colleagues in the real estate industry. We need your help in asking your colleagues and business partners in real estate to join you in investing in a program that protects their business from the halls of Congress to town halls all around the nation.
Investor Spotlight
In April, the Corporate Ally Program welcomed zipLogix as the newest REALTOR Benefits® Partner to join the Corporate Ally Program team of investors. As a REALTOR Benefits® Partner, zipLogix provides REALTORS® with access to a suite of transaction tools in a comprehensive platform to stay competitive and prosperous in today’s dynamic real estate market.
“I was glad I had the opportunity to learn more about the role the Corporate Ally Program plays in REALTOR® Party advocacy that support homeownership at all levels. Protecting and promoting homeownership is vital to everyone with a stake in the real estate industry. zipLogix is very proud to be a partner in advocacy and a corporate investor in the Corporate Ally Program,” Lisa Mihelcich, COO.
Numbers and Cents
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74 |
$526,723 |
15 |
Number of Corporate Ally Program of Investors
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Amount of CAP funds received to date, which is 13.25% higher than last year |
Number of candidate and issues campaigns to date |
News from the Hill
Big Victory as Fannie Mae Helps Buyers with Student Loans
One of NAR’s advocacy priorities received a big boost when Fannie Mae, the country’s largest source of home mortgage financing, substantially changed how it calculates loan applicants’ debt-to-income (DTI) ratio to help ease the burden faced by homebuyers with heavy student debt. Under the changes, Fannie will no longer include in its DTI calculation any debt that others are paying on behalf of the homebuyer. For borrowers who are paying less on their student loan than what is called for in their original repayment agreement, Fannie will base DTI on that lower payment rather than the original amount. In addition, at the end of July, Fannie will increase maximum DTI to 50 percent, up from 45 percent. All of the changes are expected to enable far more homebuyers carrying student debt to qualify for a mortgage. Details in the Latest Voice for Real Estate news video from NAR.
ICYMI: Commercial Connections: Spring 2017: Investment Springs Eternal
We are so proud to share with our investors this great article on the Corporate Ally Program in the Spring edition of Commercial Connections. Please join me in extending a great big THANK YOU to Cynthia Shelton, Corporate Investor Council member, Region 5, for doing such a fantastic job in the interview.
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