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.
Banks' ability to provide mortgage lenders with lines of credit as well as support for the commercial and construction industries could be affected.
The White House released two announcements last week, outlining actions to boost the housing supply, and offering guidance for multifamily properties.
Issues this week: artificial intelligence, climate change, rural small businesses, health care, and more.
Check out the three new action steps announced by the White House in its crackdown on rental housing junk fees.
Learn more about Andrea Gacki, the new Director of the Financial Crimes Enforcement Network (FinCEN).
Find out what the proposed EPA regulations to strengthen requirements for the removal of lead-based paint dust mean to REALTORS® and property managers.
Issues this week: abusive land contracts, the future of FEMA, oversight of the Federal Trade Commission, reports of fraud in pandemic lending programs.
This change will increase the number of multifamily loans that are eligible for standard underwriting for FHA insurance – loans above the “Large Loan Threshold” must meet additional requirements.
The bill includes the NAR-supported Association Health Plans Act, which would expand access to association health plans (AHPs) to more Americans, including the self-employed workers of the real estate industry.
NAR joined the Community Association Institute (CAI) and Community Mortgage Lenders of America (CMLA) in writing to the FHFA regarding its temporary guidance on condominium purchase requirements.
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