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USDA Backlog Issues Addressed

Industry Insider is a publication distributed by MIBOR every other Friday to Managing Brokers. 


USDA Backlog Issues Addressed

Periodically over the last two years, and with growing intensity in the last six months, members have alerted MIBOR staff to a significant and troublesome backlog in the processing of loans through the USDA Rural Development’s Single Family Housing Guaranteed Loan Program. Since that time attempts have been made, with the assistance of NAR, to obtain information and status updates. 

Earlier this week MIBOR staffers were invited to participate in a conference call with NAR and USDA officials as well as REALTOR® Association members from North Dakota, Kansas, Maryland, Pennsylvania, New Hampshire, Missouri, Ohio, and others.  Ohio, Kansas, Indiana are all states with backlogs. MORE

  Matrix™ Presentation Style Training Registration in Open!  
  The presentation style training options for Matrix™ training have been scheduled for early December and registration is open now. Due to seat capacity at each session, it is necessary to register for a specific session. Members are also asked to bring their SentriLock card to any training session to facilitate electronic sign-in. Click here to register online.
  According to Bureau of Labor Statistics data in The Stats House® Database, people moving to Montgomery County were mostly coming from Tippecanoe, Fountain and Marion counties. Check out more at The Stats House®  
  OTHER NEWS      
  Rental Fraud Persists  
  As reported here last month, rental fraud is a continuing problem in our market and many others across the country. Several forms of this scam can occur from scraped listing data used to create false rental ads to alarming and dangerous scenarios where vacant homes are broken into and offered for rent to unsuspecting members of the public. 

Many of these scams are halted when the potential renter, neighbor, appraisers or others become suspicious and contacts the listing agent of the property.
If you have vacant listings, you are urged to check them regularly for signs of unauthorized entry. Please continue to report these incidents to MIBOR so that information may be disseminated to the membership, and efforts may be coordinated with law enforcement. Contact Debbie Fairfax at 317­-956­-5241 or with any details or concerns. MORE
  Who are the Best and Brightest Among You? Award Nominations Due December 1
  It’s time once again for award session! MIBOR will announce the 2014 REALTOR® of the Year, Affiliate of the Year, F.C. “Bud” Tucker Community Service award winner and Distinguished Service award winner at the upcoming MIBOR Ball January 17. The nomination period is now! Look around at your remarkable colleagues and complete a nomination by December 1. Criteria and forms are available, click here to access.
  All Month: For information on MIBOR Division meetings MORE  
  All Month: Free BLC® Training MORE  
  November 10-14: REALTOR® Appreciation Week MORE  
  November 18: REALTOR® Safety Class MORE  
  December: Matrix™ Presentation Trainings. MORE  
  January 17: MIBOR Ball is Better than Ever! MORE  
  Ongoing: Online Calendar of Events MORE  
2014 Metropolitan Indianapolis Board of REALTORS®
1912 N. Meridian St., Indianapolis, IN 46202
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