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.
Last week, the Department of Veterans Affairs celebrated their 20 millionth loan under the loan guaranty program.
The Consumer Financial Protection Bureau (CFPB) announced that it would begin accepting consumer complaints about credit reporting agencies and individual credit report problems.
On Oct. 22, 2012, NAR filed individual and joint comments on proposed banking capital standards and risk weighting proposals as part of the Basel III rulemaking by the Federal Reserve, OCC, and FDIC.
On Wednesday, Oct. 24, 2012, NAR submitted comments to the Consumer Financial Protection Bureau (CFPB) on the CFPB's strategic plan for the next five years.
George S. Wonica, a broker/appraiser/manager for Wonica Realtors & Appraisers in Staten Island, participated in the National Association of Home Builders (NAHB) Residential Real Estate Appraisal Summit on Oct. 24, 2012.
In response to requests from listing brokers and the real estate professional community, Fannie Mae has made several enhancements to its REO offer process to make it easier to do business with them.
In its recent report Disaster Resiliency: A National Imperative, the NRC recommends investment in risk reduction through insurance and other financial instruments that enhance resilience by encouraging mitigation of properties and infrastructure.
On Oct. 15, 2012, NAR President submitted comments to the CFPB on its loan originator proposed rule.
Since Congress did not pass a FY2013 budget, and instead the government is working under a Continuing Resolution, funding for some programs has been slow.
On Nov. 2, 2012, The Treasury Department, in collaboration with the National Association of REALTORS®, will hold Making Home Affordable “Help for Homeowners” outreach events in Orlando, Fla.