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.
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.
In this holding the CFPB Director now serves “at will” and can be fired at the discretion of the President.
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