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 response to the Consumer Financial Protection Bureau (CFPB)’s Notice of Proposed Rulemaking (NPRM), titled "Protections for Borrowers Affected by the COVID-19 Emergency Under the Real Estate Settlement Procedures Act (RESPA), Regulation X."
On May 5, 2021, the U.S. District Court for the District of Colombia struck down the Center for Disease Control’s (CDC) nationwide eviction moratorium set to expire at the end of June, concluding the moratorium exceeds the limits Congress placed on the CDC’s authority.
The bill provides a clear framework for cannabis businesses—or businesses that work with them—access to federally-insured financial institutions in states that have legalized cannabis.
Bipartisan legislation has been introduced to increase the equity for "Schedule C Filers" who took out Paycheck Protection Program (PPP) loans prior to March 2021.
The recently enacted American Rescue Plan Act included $9.9 billion in relief for homeowners to be administered through a new Homeowner Assistance Fund (HAF).
NAR thanks Congress for elevating the issue of student debt, expresses NAR’s concern, and outlines NAR’s position.
The American Rescue Plan included two health insurance related changes regarding access to premium subsidies in the Affordable Care Act markets that may help members better afford health insurance coverage.
On April 9, 2022, the Biden Administration released its summary request for fiscal year (FY) 2022 discretionary funding. Check out the provisions affecting the real estate industry.
NAR submitted a comment opposing the Department of Labor’s proposed withdraw of the final rule on independent contractor status under the Fair Labor Standards Act (FLSA).
NAR is concerned that the final rule has still not addressed several weaknesses that could result in higher and inconsistent costs for consumers, discrimination, and a weakening of safety and soundness.
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