Skip to main content

NAR Supports Drone Usage for Property Photography

NationalMortgageProfessional.com
Feb 17, 2015

National Association of Realtors (NAR) President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Ark., has issued the following statement about new proposed rules for unmanned aircraft systems issued by the Federal Aviation Administration (FAA):

“The proposed rules announced today for the commercial use of unmanned aerial vehicles are good news for property owners and Realtors who desire to embrace cutting-edge technology to enhance the process of buying and selling real estate with images gathered by unmanned aerial vehicles.

“Realtors support the proposed federal regulation, which would allow for safe commercial use of UAV technology by the real estate industry for the purposes of marketing real estate.

“NAR plans to submit comments to the agency and will continue to work with our members to educate them about the future safe, responsible and legal uses of UAVs; however, until the final rule is published, NAR discourages Realtors from using UAV photography or video for commercial purposes without an FAA exemption.”

Published
Feb 17, 2015
Home Partners Of America Launches Choice Lease Program

Home Partners of America launched its Choice Lease program aimed at addressing the affordable housing crisis and mortgage access challenges, that are faced by low-to-moderate-income families and underrepresented communities.

Industry News
Jan 17, 2022
KBRA Assigns Preliminary Ratings To OBX 2022-NQM1 Trust

Kroll Bond Rating Agency assigned preliminary ratings to six classes of mortgage pass-through notes from OBX 2022-NQM1 Trust, a $556.7 million non-prime RMBS transaction.

Non-QM
Jan 17, 2022
Zillow: Black Mortgage Applicants Denied 84% More Often Than White

Zillow recently analyzed data from the Home Mortgage Disclosure Act and found that Black mortgage applicants are denied a mortgage 84% more often than white applicants.

Analysis and Data
Jan 13, 2022
Mortgage Economic Review January 2022

The Mortgage Economic Review is a monthly summary of Key Economic Indicators, Data, and Events pertinent to Mortgage and Real Estate Professionals.

Analysis and Data
Jan 13, 2022
Fairway Independent Mortgage Corp. Puts Employees' Health First

Fairway Independent Mortgage continues to allow its employees to choose whether to return to the office or not.

Industry News
Jan 12, 2022
First American Agrees To Acquire Mother Lode Holding Co.

Acquisition would expand First American’s footprint in 11 states

Industry News
Jan 12, 2022