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.
The Biden administration officially announced the cancelation of $10,000 in federal student loan debt for borrowers who make less than $125,000 a year.
When one considers all the real estate tax increase proposals that were recommended over the past couple of years, the final bill is very good for the real estate industry.
The Treasury Department announced updates to its guidelines for the State and Local Fiscal Recovery Funds (SLFRF) for uses aimed at increasing the affordable housing supply in the country.
This latest tentative agreement would ditch all but three tax increase provisions meant to impact higher-income Americans by closing so-called “tax loopholes.” Learn more.
If the legislation becomes a federal law, the SECURE Notarization Act would provide meaningful relief to America’s homeowners and prospective buyers by allowing immediate, nationwide use of remote online notarization technology.
NAR wrote to the Appraiser Qualifications Board of the Appraisal Foundation urging it to revise the real property appraiser qualification criteria to require fair housing and valuation bias training for both qualifying and continuing education.
In a letter to the Administration and federal agencies, housing provider groups stressed that there are already myriad state and local laws and regulations placed on lease terms, eviction proceedings, and housing provider responsibilities.
NAR applauds the House Financial Services Committee for exploring the current housing market and the problems that are plaguing many borrowers trying to obtain homeownership.
The letter focuses on the topic of renters' rights and responsibilities.
The SECURE Notarization Act would allow for the immediate nationwide use of remote online notarization (RON) technology, with appropriate safeguards to ensure strong nationwide consumer protections.
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