Ken Fears

In her testimony before Congress, NAR's President Rouda Smith shared REALTORS®' concerns about issues preventing greater utilization of VA financing.

NAR commented on FHFA's proposed changes to the 2020 enterprise regulatory capital framework (ERCF), or capital rule.

NAR submitted its response to the FHFA’s request for input on the Enterprises Equitable Housing Finance plans. Check out NAR's suggestions.

NAR urges action on changes to the Preferred Stock Purchase Agreements (PSPAs) and to move forward on Government Sponsored Enterprises (GSEs) reform.

Senator Mike Lee (R-UT) submitted an amendment to the proposed bi-partisan infrastructure bill (S. 2441) requesting g-fees be dropped as a pay-for.

NAR's policy opposes the use of g-fees for non-housing investments and using the fee as a tax on middle-income ownership.

After meeting with the FHFA Director, NAR sent a letter outlining its priorities and opportunities for the FHFA to better support the housing market.

The FHFA announced that it would allow Fannie and Freddie to drop a 50 basis point fee on mortgage refinances that had been in place since last fall.

Sandra Thompson, the Federal Housing Finance Agency (FHFA) Deputy Director, was named Acting Director on June 23, 2021.

Setting the two rules (QRM and QM) equal creates a common legal benchmark and level of quality between the primary and secondary market.

NAR sent a response to the CPBP's NPRM, titled "Protections for Borrowers Affected by the COVID-19 Emergency Under RESPA, Regulation X."

NAR thanks Congress for elevating the issue of student debt, expresses NAR’s concern, and outlines NAR’s position.

NAR is concerned that the final rule has still not addressed several weaknesses that could result in higher and inconsistent costs for consumers.

NAR commented on a proposed rule making for how the FHFA and GSEs should plan for the resolution of either Enterprise in the case of their insolvency.