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.
NAR wrote to FHFA’s Acting Director Sandra Thompson regarding recent changes made by Fannie Mae to its underwriting requirements for condominium project.
NAR sent a letter to the FHA requesting it suspend the anti-flipping rule until 2025 in light of current market dynamics, and pressed the FHA to reduce premiums and/or eliminate the life-of-loan fee.
NAR will be submitting comments on the proposed rule.
The Senate passed the 2022 National Defense Authorization Act (NDAA) which included a provision containing the Promoting Affordable Housing Near Transit Act and now heads to President Biden's desk for his signature.
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.
The U.S. Court of Appeals for the Fifth Circuit ordered that OSHA "take no steps to implement or enforce" the vaccine rule for employers "until further court order."
The Occupational Safety and Health Administration (OSHA) issued a Vaccine Emergency Temporary Standard (ETS) to establish COVID-19 vaccination, vaccination verification and workplace testing requirements for employers with over 100 employees.
In a follow-up conversation, NAR staff stressed the value in continued engagement with REALTORS® and industry professionals, especially appraisers. Learn more about the event.
The Financial Crimes Enforcement Network (FinCEN) issued an updated Geographic Targeting Order (GTO) effective beginning on May 5, 2021 until October 31, 2021.
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