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 has continuously advocated for responsibly reducing the mortgage insurance premium (MIP) to help qualified buyers in the current market.
In response to the Appraisal Subcommittee's hearing on appraisal bias, NAR stated its commitment to fair housing and efforts to confront racial bias and discrimination in real estate.
NAR joined a group of industry and consumer groups in a response to the FHA's request for comment on its proposed revision to a mortgagee letter on reconsideration of value (ROV).
Check out the latest changes to multifamily radon standards announced by the Federal Housing Finance Agency (FHFA). The new standards will go into effect for loan applications received after June 30, 2023.
Meta unveiled its new housing ad platform to address algorithmic discrimination (referred to as a “Variance Reduction System” or “VRS”). All housing advertisements on Facebook will now go through the VRS, which will be expanded later this year to include credit and employment ads.
NAR sent a letter to the Veterans Affairs (VA) secretary recommending a slower, thoughtful approach to VA's appraisal modernization while keeping protections for the Loan Guarantee Program.
NAR is demanding that federal policymakers address the actual problem – a housing supply shortage and inflation – and not punish one side of those impacted by it in the rental housing ecosystem.
The National Association of REALTORS®, as part of a large coalition, filed a lawsuit to challenge the legality of the final Waters of the United States (“WOTUS”) rule.
Learn about the FTC requirements, under the Safeguards Rule, for mortgage brokers and some other real estate companies to keep their customers’ information safe.
NAR raised concerns about not limiting the number of comparable properties offered in the appraisal reconsideration policy.
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