The Washington Report covers legislative and regulatory policy activities, and is compiled by NAR's Advocacy Group policy staff. To receive this content via email, subscribe to the Edge Up with NAR newsletter.
NAR spoke about priorities and gaps for tenant protections and owner needs, including specifically when it comes to challenges like the pandemic.
Allowing the FHA to modify the mortgages of distressed homeowners to a monthly payment that they can meet with a moderately longer amortization helps to support both homeownership and stability of the market.
On May 26, NAR signed a letter of support for H.R. 3962, the Securing and Enabling Commerce Using Remote and Electronic Notarization Act (SECURE Notarization Act), which allows businesses and consumers to execute critical documents using two-way audiovisual communication.
HUD announced the establishment of an exclusive 30-day listing period for the sale of foreclosed formerly FHA-insured properties to Owner-Occupant Buyers, Governmental Entities, and HUD-approved nonprofits.
In her testimony before Congress, NAR's President Rouda Smith shared REALTORS®' concerns about issues preventing greater utilization of VA financing.
NAR submitted a comment letter to the FHFA in response to its request for input on changes to the 2020 enterprise regulatory capital framework (ERCF), or capital rule.
Many federal unemployment benefits were set to expire on On Labor Day weekend as the current economic recovery continues.
The Biden Administration has released the FY 2022 Budget of the United States Government. Check out the budget items of note to the real estate industry.
Bipartisan legislation has been introduced to increase the equity for "Schedule C Filers" who took out Paycheck Protection Program (PPP) loans prior to March 2021.
In this holding the CFPB Director now serves “at will” and can be fired at the discretion of the President.
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