FOR IMMEDIATE RELEASE
Contact:Michele Feltenberger
Director of Public Relations
EXIT INLAND REALTY
951-300-1010
michele@Exitgmw.com
EXIT INLAND REALTY AGENT ATTENDS REALTORS® LEGISLATIVE CONFERENCE IN WASHINGTON D.C.
Washington , D.C. (Grassroots Newswire) 05/26/2015 -- Realtor Bob Bishop of EXIT INLAND REALTY and Realtor® leaders from across the country converged on the nation’s capital last week to advance key real estate issues with regulators and members of Congress during the Realtor® Legislative Meetings & Trade Expo, there through May 16.
Nearly 8,500 Realtors® and guests met with legislators, regulatory officials and top industry executives to ensure qualified buyers and investors have access to safe and affordable mortgage financing and protect and advance the operations of Realtors®’ businesses and real estate-related tax policies.
“To ensure all Americans continue to have affordable access to commercial and residential property ownership and investment, it’s vital for Realtors® to continue the dialogue with regulators and elected officials," said National Association of Realtors® Director Bob Bishop broker with EXIT Inland Realty in Riverside CA. “With the current policy debates underway in Washington, this is a critical time for Realtors® to come together and be heard on the issues that are important to the industry, communities and the clients that Realtors® serve.”
While on Capitol Hill, Realtors® urged their elected officials to preserve current real estate-related tax policies and extend the Mortgage Forgiveness Tax Relief Act, which expired at the end of 2014 and prevents distressed homeowners from facing excessive income tax bills on forgiven home loan debt. Realtors® will also be actively engaging with lawmakers on protecting commercial real estate related tax provisions, such as retaining like-kind provisions and making permanent the 15-year depreciation period for leasehold improvements.
In addition, Realtors® are urging members of Congress to enact legislation reforming patent demand letters, setting nationwide data security standards, and ending discrimination against affiliated lenders by passing the Mortgage Choice Act.
Realtors® attended sessions with government officials and industry experts, including Secretary of Housing and Urban Development Julián Castro, who provided a housing industry outlook, and Consumer Financial Protection Bureau Director Richard Cordray, who spoke about changes to loan closing procedures and documents.
“It was impressive to see so many of our Realtor colleagues display such commitment, seriousness, and technical expertise in the business of helping clients fulfill their dreams of homeownership” Bishop said.
The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.
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For more information about Exit Inland Realty, please call 951-300-1010. EXIT Inland Realty is located at 1450 University Avenue, Suite F2, Riverside CA 92507.
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- Documents and/or Photos available for this release:
Realtor Bob Bishop NAR Director
To view supporting documents and/or photos, go to www.enr-corp.com/pressroom and enter Release ID: 386977
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