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 recently filed a comment with the Consumer Financial Protection Bureau (CFPB) regarding their Request for Information (RFI) on the TRID (TILA-RESPA) mortgage disclosure rule.
The new rule will allow states to more efficiently manage local waterways while maintaining current environmental protections and encourage economic development.
NAR attended the U.S. Census Bureau’s 2020 Census Advertising and Outreach Campaign press event in D.C. with Bureau Director Steven Dillingham.
The National Association of REALTORS® is backing the Trump administration's proposal to reform the National Environmental Policy Act.
The Appraiser Qualifications Board (AQB) released proposed changes to the Appraiser Qualification Criteria.
The Senate reauthorized the Energy Efficient Commercial Buildings Deduction through 2020. This keeps this important deduction available for commercial property owners through 2020, and allows them to claim it for 2018 and 2019 as well.
The Senate passed a 7-year reauthorization of the Terrorism Risk Insurance Program (TRIP, or TRIA) as part of H.R. 1865, a year-end federal spending bill. The program was set to expire at the end of 2020, and is now reauthorized through 2027.
NAR jointly filed a neutral amicus brief with the Mortgage Bankers Association (MBA) and the National Association of Homebuilders (NAHB) in the Supreme Court case examining the structure of the Consumer Financial Protection Bureau (CFPB).
The Secretary mentioned a couple of specific occasional efforts the Department is taking to reduce regulatory burdens on housing and the real estate sector.
NAR sent a letter of support to the House Financial Services Committee (HFSC) Chairs for a group of bills, to be marked by the committee, impacting federal policy in credit policy and student loan debt.