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 NAR's Member's Edge newsletter and check the "legislative & regulatory issues" box.
Following the end of the government shut-down, the U.S. Department of Agriculture (USDA) Rural Housing Service is once again issuing Section 502 Conditional Commitments, which are required for USDA loans to close.
Federal banking regulators released a final regulation clarifying lender acceptance of private flood insurance. The final regulation implements Section 239 of the Biggert-Waters Flood Insurance Reform Act of 2012, which generally requires lenders to accept private flood insurance meeting a strict statutory definition.
The Outlook provides projections of domestic energy markets through 2050 and includes cases with different assumptions about economic growth, world prices and technological progress.
The FAA announced its intent to propose new rules for unmanned aerial systems (UAS), or drones, which would allow commercial operators the ability to fly them at night and over crowds in some circumstances.
In addition to joining an amicus brief in support of the Department of Labor regulation expanding access to association health plans (AHPs), NAR has been assisting state and local associations exploring and finding success in implementing AHPs in their areas.
NAR President-Elect Vince Malta testified before the House Financial Services Committee during its hearing, "A Legislative Proposal to Provide for a Sustainable Housing Finance System: The Bipartisan Financing Reform Act of 2018.
The Department of Veteran’s Affairs (VA) released an interim final rule addressing changes to VA guaranteed or insured cash-out home refinance loans as understood to be required by the 2018 Economic Growth, Regulatory Relief, and Consumer Protection Act.
NAR joined and filed an amicus brief in support of the Department of Labor’s (DOL) regulation expanding access to AHPs in the U.S. District Court for the District of Columbia.
The Action Plan is a blueprint for reducing lead exposure and associated harms through collaboration among federal agencies and with a range of stakeholders, including states, tribes and local communities, along with businesses, property owners and parents.
The Know Before You rules went into effect in 2015, but adoption has not been without hurdles.