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 submitted a comment to the CFPB regarding its advanced notice of proposed rule making on the qualified mortgage rule "patch".
The Consumer Financial Protection Bureau (CFPB) held a press event in Atlanta to announce its new innovation policies and also to announce the opening of a new bureau office in Atlanta.
The legislation would overturn decades of Supreme Court precedent about indirect infringement and what it means to “induce infringement.”
The proposed rule offers a common-sense approach that allows for economic development while protecting water quality.
The Foundation's Appraisal Standards Board (ASB) is seeking input on whether USPAP should address standards for evaluations, and if so, how to differentiate that from appraisals.
The new regulations reform and streamline the way the Endangered Species Act is implemented.
The rescinded guidance includes requiring entities to prove the property in question was within the jurisdiction where the government entity has authority to provide assistance.
The rule would allow small businesses to band together to offer retirement plans to employees, which would save on retirement plan costs.
The Senate Finance Committee released its task force reports on expiring tax provisions, including the Section 179D Energy Efficient Commercial Buildings Deduction, a positive step toward reauthorization of the 179D deduction.
The FHFA released a final rule that governs a new process by which the GSEs must review credit score models (e.g. FICO). The final rule aligns with many of the recommendations NAR raised in its letter to the FHFA on the topic.