On May 5, 2021, the U.S. District Court for the District of Colombia struck down the Center for Disease Control’s nationwide eviction moratorium.

The recently enacted American Rescue Plan Act included relief for homeowners to be administered through a new Homeowner Assistance Fund (HAF).

NAR opposes the Department of Labor’s proposed withdraw of the final rule on independent contractor status under the Fair Labor Standards Act (FLSA).

Litigation and new federal and state legislation continue to threaten workers’ ability to be classified as independent contractors.

NAR participated in a housing provider coalition call with the White House to discuss the CDC eviction moratorium and rental assistance challenges.

The Department of Labor will delay the effective date of the rule to May 7, 2021, which is 60 days beyond its original effective date.

New Executive Order (EO) revoked a 2017 Trump Administration EO that directed the Department of Labor to issue the association health plan regulation.

NAR thanked legislators for their continued focus on providing economic relief while advocating for more support during the ongoing pandemic.

For real estate professionals, the rule does not change their classification as independent contractors under the Internal Revenue Code.

This order imposes data collection and reporting requirements on companies involved in certain residential real estate transactions.

NAR champions minimal disruption to the real estate industry that greatly benefits from the ability to be classified as an independent contractor.

The CFPB rescinded the October 8, 2015, Compliance Bulletin (2015-05), which curtailed the use of Marketing Services Agreements (MSAs).

The DOL issued a notice of proposed rulemaking revising its interpretation of independent contractor status under the Fair Labor Standards Act (FLSA).

The Coalition is requesting withdrawal of the Compliance Bulletin on MSAs that has caused ongoing regulatory uncertainty with RESPA.

NAR submitted a comment to the CFPB providing feedback that would better help businesses seek clarity on regulatory compliance obligations.

NAR sent a letter to Congressional Leadership outlining provisions in the HEALS plan supported by NAR.

In support of negotiations for pandemic relief packages, NAR recently sent a letter to Congressional leaders outlining key issues for REALTORS®.

In this holding the CFPB Director now serves “at will” and can be fired at the discretion of the President.

The Consumer Financial Protection Bureau announced a new pilot program that allows businesses to seek clarity on regulatory compliance obligations.

NAR submitted a comment letter to the Federal Reserve advocating for expansion of the Main Street Lending Program to 501(c)(6) organizations.