In support of ongoing negotiations for pandemic relief packages, NAR recently sent a letter to Congressional leaders outlining key issues for REALTORS®, consumers, and the real estate industry. NAR urged continued focus on the housing security needs of Americans, increased consumer access to credit, and financial flexibility for businesses and independent contractors. This included several proposals to include or extend such as:
- Mortgage and Rental Assistance, Forbearance Extensions, Eviction Moratoriums, and Funding for Housing Counseling Services;
- Consumer Credit Protections, Mortgage Market Liquidity, and Regulatory Relief;
- Limited Liability Protections, Unemployment Assistance Extensions, Federal Lending Program Modifications (EIDL, PPP, Fed Main Street), and Remote Online Notarization;
- Broadband Access, and State and Local Government Support.
NAR remains ready to partner with policymakers on these and other measures, while continuing to advocate for REALTORS®, consumers, and the entire real estate industry.