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 sent a letter to the CFPB outlining REALTORS®' position in response to the CFPB's proposed replacement to the market-wide QM rule.
Effective September 4, 2020, the Centers for Disease Control and Prevention (CDC) ordered a nationwide eviction moratorium through December 31, 2020.
NAR submitted a comment letter in response to the FHFA’s notice of proposed rulemaking (NPRM) regarding a proposed enterprise capital rule for Fannie Mae and Freddie Mac.
NAR submitted a comment to the CFPB providing feedback that would better help businesses seek clarity on regulatory compliance obligations.
Flood Factor™ supports NAR policy to provide accurate flood mapping with full transparency and disclosure.
The program is set to expire on August 31.
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.
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