Paul will fight to protect the mortgage interest deduction and will work to ensure that any tax reforms proposed in Congress protect America’s homeowners and their most valuable asset.
Paul supported efforts that created a limited time tax credit for homebuyers able to shoulder the responsibilities that come with owning a home.
Paul supports raising the current artificial cap on credit union business lending, which will provide much-needed capital to commercial property owners at no cost to the American taxpayer.
Recognizing the need to retain the fiscal viability of the program while balancing the needs of American families, Paul supported efforts to strengthen the FHA program without posing undue burdens on borrowers, to continue to provide borrowers with safe loans at a fair price.
Paul supports reforms to the National Flood Insurance Program (NFIP) that will ensure its long-term viability.Paul recognizes that affordable flood insurance offers important protection to homeowners and communities in federally designated flood zones.
Implementation of recent appraisal rules was flawed and continues to negatively impact real estate valuations across the country. That’s why Paul will support efforts to ensure appraisals are accurate and completed without improper influence.
Understanding that the program needs to be strengthened and made self-sustaining, Paul supported efforts to update the program to ensure rural families have access to safe, affordable mortgage financing.
Paul fought to protect and maintain consumer choices, competition among mortgage lenders and fair competition by keeping large banking conglomerates out of real estate. Without his help, the damage done to our financial system could have been far worse.
September 30, 2010
If real estate is your profession, then politics is your business! We need elected officials in Washington who understand our industry and our livelihoods, and are willing to stand up and protect our interests.
September 28, 2010
Rep. Kanjorski has been a strong advocate for the REALTOR® party during his tenure in Congress. During REALTORS® decade-long fight to keep banks from entering real estate brokerage, Rep. Kanjorski was the lead sponsor of the Community Choice in Real Estate Act. In this Congress Kanjorski led efforts to ensure that commercial real estate owners have access to financing, to continue the USDA Rural Housing Program and extend the Homebuyer Tax credit program. Read more about Paul Kanjorski.
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