Washington Report

Advocacy Updates from Washington D.C.

On April 23, 2014, the National Association of REALTORS® signed onto a coalition letter urging the Federal Housing Administration (FHA) to harmonize its regulatory treatment of transfer fee covenants with the Federal Housing Finance Agency (FHFA).  FHFA’s final rule on transfer fee covenants establishes a clear, national standard to protect homeowners from equity-stripping private transfer fees while preserving the preeminence of State and local governments over land use standards.

Coalition Letter to FHA