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.
HUD announced that the Federal Housing Administration (FHA) has once again extended the foreclosure moratorium for borrowers in Puerto Rico and the U.S. Virgin Islands affected by Hurricane Maria.
NAR sent a letter to the Senate Veterans Affairs Committee for their hearing on pending legislation. The NAR letter expressed concerns with H.R. 299, the "Blue Water Navy Vietnam Veterans Act of 2018".
The Department of Health and Human Services (HHS) issued a final rule expanding short-term, limited-duration health insurance (STLDI), a type of health insurance typically used to fill gaps in coverage when individuals are transitioning between policies, such as in between jobs.
The U.S. Department of Treasury issued the latest in a series of reports aimed at improving regulation of the U.S. financial system. NAR provided feedback to Treasury earlier this year on this initiative, highlighting a number of topics of importance to REALTORS®.
The U.S. Department of Housing and Urban Development (HUD) announced approval of Puerto Rico’s $1.5 billion disaster recovery plan to address damage from Hurricanes Irma and Maria.
NAR participated in an Industry Roundtable Discussion at the Bureau of Consumer Financial Protection (BCFP) with Acting Director Mick Mulvaney, newly named Deputy Director Brian Johnson, and other high-level Bureau staff.
The Bureau of Consumer Financial Protection (BCFP) issued a series of Requests for Information (RFIs) on various agency practices seeking input from the public and outside stakeholders. NAR has submitted comments on many of the Bureau activities.
Twelve attorney generals (AGs) filed suit against the Department of Labor (DOL) challenging the Association Health Plan (AHP) rule issued in June. The state AG’s include New York, Massachusetts, California, Delaware, Kentucky, Maryland, New Jersey, Oregon, Pennsylvania, Virginia and Washington, plus D.C.
Staff from NAR’s Federal advocacy team met with analysts from the Government Accounting Office (GAO) to discuss the current state of Fannie Mae and Freddie Mac in conservatorship and its impact on the real estate market.
The Supreme Court's holding in Wayfair overturned a 26-year precedent, and it gives states the ability to require that some online retailers charge and remit sales tax on purchases made by residents, even absent a physical presence within the state.