Washington Report

Advocacy Updates from Washington D.C.

NAR Letter Asks FHA to Suspend Anti-Flipping Rule and Reduce Mortgage Insurance Premium

On December 15th, NAR sent a letter to the Federal Housing Administration (FHA) requesting it suspend the anti-flipping rule until 2025 in light of current market dynamics. In addition, NAR pressed the FHA to reduce premiums and/or eliminate the life-of-loan fee or implement a program akin to the Howeowners Armed with Knowledge (HAWK) where homeowners fee's decline after taking ongoing financial literacy courses and solid performance.

NAR's Letter to the FHA

Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.