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 sent comments to the Federal Housing Administration (FHA) in response to an advance notice of proposed rulemaking and request for public comment on the FHA Single-Family Loan Sale Program (the Program).
The Board of the Appraisal Subcommittee held a public meeting to determine action on a waiver of appraiser credentialing requirements for federally related transactions under $500,000 for 1-to-4 family residential real estate transactions and under $1,000,000 for agricultural and commercial real estate transactions throughout the State of North Dakota for a period of not less than five years.
President Trump signed an Executive Order that will focus on eliminating barriers that limit access to affordable housing: namely zoning laws, environmental regulations, building codes and lengthy building permit processes.
Landowners shouldn't have to jump through state-level hoops before heading to federal court to accuse the government of taking their property, the Supreme Court ruled in a decision that overturns a decades-old precedent.
The Consumer Financial Protection Bureau (CFPB) released its “Mortgage Closing Scams” tools to inform consumers about wire fraud scams that commonly occur during closings.
The U.S. Department of Agriculture (USDA) Rural Housing Service (RHS) published a final rule adopting changes to the RHS guaranteed and direct single family loan programs proposed in August 2018.
NAR participated in a Department of Housing and Urban Development (HUD) Policy Development & Research Stakeholder "HUDdle" on Qualified Opportunity Zones (QOZs).
The Senate Banking Committee held a hearing on "The Reauthorization of the Terrorism Risk Insurance Program." NAR submitted a statement for the record for the hearing which expressed strong support for TRIP, and urged the Committee to enact a long-term reauthorization without disrupting the program.
NAR remains invested in protecting access to Association Health Plans (AHPs) and supporting state and local associations’ pursuit of these plans as an affordable and comprehensive health insurance benefit for REALTORS® and their families.
Five federal regulatory agencies - the Federal Reserve, FDIC, OCC, Farm Credit and National Credit Union Administrations - published final regulations clarifying lender acceptance of private flood insurance. These rules will take effect on July 1.