Washington Report

Advocacy Updates from Washington D.C.

NAR Submits Letter to FHA on Policy Changes

The National Association of REALTORS® submitted a letter to the Department of Housing and Urban Development (HUD) and Federal Housing Administration (FHA), urging them to consider policy actions that would immediately unlock a portion of the inventory for buyers with FHA-insured loans. Specifically, the letter asks FHA to consider revisions to the 90-day anti-flipping rule, condominium requirements, and policies for assumable mortgages.

Read NAR's letter to the FHA.