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 Weekly Report newsletter and check the "legislative & regulatory issues" box.
The U.S. Department of Agriculture (USDA) made available the proposed newly ineligible area maps for Rural Development Single Family Housing and Multi-Family Housing programs, including Section 502 rural housing loans.
On April 1, 2018, National Flood Insurance Program (NFIP) premium rates are set to rise an average of 8%.
NAR recently submitted comments on the Department of Labor’s Notice of Proposed Rulemaking (NPRM) aimed at improving American's health insurance options by expanding access to Association Health Plans (AHPs).
The Consumer Financial Protection Bureau (CFPB) has issued another Request for Information (RFI), focused on the agency’s rulemaking processes.
The Appraisal Subcommittee (ASC) put out a notice for comment concerning a formal request by Tri-Star Bank of Tennessee for a temporary waiver of appraiser certification or licensing requirements pursuant to the Financial Institutions Reform, Recovery, and Enforcement Act.
The Department of Housing and Urban Development (HUD) announced that the Federal Housing Administration (FHA) has extended the foreclosure moratorium for borrowers in Puerto Rico and the U.S. Virgin Islands affected by Hurricane Maria.
The Consumer Financial Protection Bureau (CFPB) has issued another Request for Information (RFI), focused on the agency’s external engagements including field hearings, town halls, roundtables, advisory boards, and other public and non-public meetings.
The Department of Housing and Urban Development (HUD) released Mortgagee Letter 2018-01, which provides for revised loss mitigation options for Federal Housing Administration (FHA) borrowers affected by Hurricanes Harvey, Irma, and Maria and the 2017 California wildfires.
The Administration has issued a proposed rule expanding the availability of short-term, limited-duration health insurance. The proposed rule changes the maximum duration of these policies to less than twelve months, which is higher than the current maximum duration of less than three months.
The Internal Revenue Service (IRS) has issued a news release clarifying that in many cases, interest paid on home equity loans remains deductible under the new tax reform law.