The Fed’s Open Market Committee will probably cut the benchmark rate in half, to 0.5 percent, according to the median of 84 forecasts in a Bloomberg News survey.

Shelley Moore Capito, a West Virginia Republican who sits on the House Financial Services Committee .

I was shocked when my brokers (been with two different brokerages) mentioned this, because in my corporate job deadlines are deadlines; I can't call my Finance Committee and ask them to push back a meeting because I do not have the presentation prepared.This per diem concept was news to me, as I haven't experienced it previously in other transactions that had minor delays.

year call comes and the committee meets, you may be called whether you've performed as a borrower or not. 

Join the NAR and your state's Intl Committee.   

Questions about why or what was happening went unanswered.Last week, I was told that a decision by their loan committee was imminent and that we could close just within the deadline. 

And the property owners at that time came to form a partnership with a "committee" and created bylaws, which regulates the covenant, conditions and restrictions.

You won't get exact approvals on the spot but if you have something to work with like you can build on your lot " x amount of sqft, x set backs from road, x height clearance, x parking spots per unit etc"On an email or even a letter signed then that is something you can use to move forward with the deal..Also if you don't think it's competitive you don't have to submit an offer and just meet with committee..This doesn't cost you anything..

(Im on my trade associations public policy committee, and this is an issue we have a big voice in)Also, Im just quoting these regs quick and off the top of my head, dont take them as the exact or only regs concerning this.In Montgomery County...it is hard to find a property that has the driveway space to make them legal.

There is no waiting for weeks to make a decision, there are no loan committees and the appraisal is generally a BPO and not a full blown appraisal.