The Louisiana Liaison 
December 11, 2014 
Catch up on what exactly qualifies as a component part, sign up for the RESPA-TILA webinar, see the latest Fannie Mae approval and much more in this month's Louisiana Liaison.

Stay informed with this free Louisiana REALTORS� service!
CALL FOR ACTION! 

The Mortgage Forgiveness Tax Relief Act
 
The U.S. House of Representatives has already passed this Act. We still need to urge our senators to take action. It's not too late to complete a call to action on this tax relief Act. Louisiana is at 14.77 percent participation. Help us achieve our goal of 15 percent by Friday, Dec. 12. 

Give homeowners the peace of mind they deserve. Act today!
Fannie Mae Streamlines Condo Approval
 
"On Nov. 10, 2014, Fannie Mae published an update to its lender selling guide to improve and streamline its condo project approval process.  

NAR had called for improvements to the condo approval process in order to increase property eligibility and project review timelines."

Read more about this new approval here.  
RESPA and TILA Changes: Webinar today at 2 p.m.

We invite you to participate in this webinar hosted by attorney Phillip L. Schulman of the law firm K&L Gates as he discusses the changes coming in 2015 to RESPA and TILA. 

This is an opportunity to learn about the new disclosures, waiting periods and potential issues you may face leading up to closing transactions beginning August 2015. Register for this webinar. 

The webinar will start at 2 p.m. Eastern time today. Download the presentation  Schulman presented at the 2014 REALTORS� Conference & Expo about the changes. 
LR Teams
Friday is the LAST day to sign up for an LR volunteer team. If you or your agents want to be more involved in the association this is your chance! Please send completed volunteer forms to Ali (ali@larealtors.org). 

Commercial Brokers
Extend TRIA-Terrorism Risk Insurance Act

The House passed the amended S. 2244, the Terrorism Risk Insurance Program Reauthorization Act of 2014. Urge your senators to act before they adjourn for the holidays. 

Component Parts
Did you miss the latest Red Stick Report?  

Learn all about component parts.What exactly is a component part and what does it take to determine this? 

Stay Connected
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