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 Housing Appropriations Subcommittee for HUD's FY2021 budget, requesting additional funding for fair housing and housing counseling.
In this holding the CFPB Director now serves “at will” and can be fired at the discretion of the President.
The Consumer Financial Protection Bureau (CFPB) announced a new pilot program that allows businesses to seek clarity on regulatory compliance obligations through a request for an advisory opinion (AO).
A number of financial entities with different business models have sought entry to the Federal Home Loan Bank system due to its low cost of funds and other advantages.
NAR submitted a comment letter to the Federal Reserve advocating for expansion of the Main Street Lending Program to 501(c)(6) organizations.
The SBA and the Treasury released updated forgiveness forms and guidance for PPP loans, based on the changes made by the "PPP Flexibility Act" signed into law on June 5.
NAR sent a letter to the FHFA thanking it for actions taken to support homeowners since the pandemic began.
On June 15, the Federal Reserve’s Main Street Lending Program became operational to support small and medium-sized businesses that were in sound financial condition before the onset of the COVID-19 pandemic.
NAR has created a new TRID Closing Disclosures Guide outlining questions related to the separation of buyer and seller Closing Disclosures (CDs) and what is shared with real estate professionals.
FHA mortgagee letter requires lenders to provide 20 percent indemnification for up to two years on borrowers who go into forbearance due to COVID 19.
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