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 Consumer Financial Protection Bureau (CFPB) has issued a second Request for Information (RFI) focused on the agency’s conduct of adjudication proceedings.
On Jan. 29, 2018, NAR sent a letter to Mel Watt, Director of the Federal Housing Finance Agency (FHFA), requesting a review of guarantee fees (g-fees) charged by the Government Sponsored Enterprises (GSEs) in light of recent tax changes.
The Appraisal Qualifications Board (AQB) adopted sections 1,2, and 4 of the Fourth Exposure Draft of Proposed Changes to the Real Property Appraiser Qualification Criteria at a public AQB meeting in Washington, DC.
Bottom Line: This is good news because it means that even if the nationwide circuit court stay is lifted, WOTUS won't go into effect for 2 years, which gives EPA sufficient time to repeal and replace it.
NAR submitted a letter of support for Small Business Health Plans to a roundtable hosted by the Senate Health, Education, Labor and Pensions (HELP) Subcommittee on Primary Health and Retirement Security.
The Consumer Financial Protection Bureau (CFPB) has issued the first in a series of Requests for Information (RFI) focused on Civil Investigative Demands (CIDs). CIDs are an enforcement tool used by the CFPB to gather facts during an investigation to pursue potential violations of consumer protection laws.
The Supreme Court issued a unanimous opinion, authored by Justice Sotomayor, finding that challenges to the Waters of the U.S. (WOTUS) rule belong in district court.
On January 22, 2018, Congress extended the National Flood Insurance Program (NFIP) to February 8.
On January 12, 2018, NAR submitted a comment letter to the Appraiser Qualifications Board (AQB) in response to the Fourth Exposure Draft concerning proposed changes to the AQB's Real Property Appraiser Qualification Criteria.
Radon, a naturally-occurring radioactive gas that causes cancer, can build up to unsafe levels in any home at any time of year. With many Americans spending more time inside their homes during January, however, there is no better time to make sure our homes are radon-free. That is why EPA starts every new year encouraging Americans to get their homes tested for radon.