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 the Edge Up with NAR newsletter.
NAR and a coalition of housing and finance trade associations sent a letter to the Federal Housing Finance Agency (FHFA) regarding the FHFA's plan to operationalize new credit scores at the GSEs.
In a joint amicus brief, NAR explained to the U.S. Supreme Court the burdens imposed on property owners, as part of a recent trend of government encroachment on private property rights.
The House Education and Workforce Committee voted 23-18 to approve the NAR-supported Association Health Plans or AHP Act. The bill now moves to the full House of Representatives. Learn more.
Check out several important changes announced by the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) that will affect the appraisal industry.
On June 1, 2023, Congress passed legislation to suspend the U.S. debt ceiling until 2025 and sent it to the President to be signed into law, averting a default on the country's debt.
In its response to a Request for Information (RFI) from the Consumer Financial Protection Bureau (CFPB), NAR stressed the utility and importance of conducting background checks on potential residents to ensure a safe and livable community for all residents.
In May 2023, the Supreme Court issued two favorable decisions upholding private property rights.
NAR urges against a broad decision that could cause major disruption of the nation’s housing and real estate markets in order to protect consumers and the broader economy.
The proposed loan level pricing adjustment (LLPA), an upfront fee, had been announced on January 19, 2023 and slated for implementation on May 1. Its implementation was then delayed to August 1, but will no longer be implemented.
NAR wrote the Federal Housing Finance Agency (FHFA) regarding its request for input (RFI) on social bonds. Check out NAR's position on this issue.
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