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.
The imposition of a new 50 basis point fee on all loans refinanced by Fannie Mae or Freddie Mac would translate into an increase of roughly 0.10% in rate.
The waiver of appraisal requirements for Federal Related Transactions under $1M for commercial real estate transactions was extended for one year throughout the state of North Dakota.
NAR joined a coalition of real estate industry groups to seek relief for multifamily properties.
NAR submitted a comment letter to the CFPB requesting an extended time period of at least one year to sunset the QM patch and to implement the proposed replacement.
The Helping Open Properties Endeavor (HOPE) Act, provides economic support for the commercial real estate market in response to the COVID-19 pandemic.
NAR sent a letter to Congressional Leadership outlining provisions in the HEALS plan supported by NAR.
On Tuesday, July 28, 2020, the Senate Confirmed Dana Wade as Assistant Secretary for Housing - Federal Housing Commissioner.
NAR commissioned the Legal Research Center to compile flood-related court cases over the past two decades to help identify key patterns and takeaways for NAR members as they fulfill their fiduciary duties to clients.
The First Street Foundation, a nonprofit research and technology group, released an online flood risk visualization tool enabling homeowners to obtain comprehensive flood risk information specific to their property.
Brenda Small, Chair of the 2020 Public Policy Coordinating Committee, attended an event at the White House to bring attention to President Trump’s efforts to deregulate the American economy.
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