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 SBA announced updates to the Paycheck Protection Program (PPP) to reflect announced changes from the Biden Administration to loan calculations for borrowers who are independent contractors, sole proprietors, or self-employed (“Schedule C borrowers”).
NAR focused on concerns related to risk in the valuation space, the role of technology, and discrimination in appraisals and other valuation products.
Read NAR's comments to the FHFA on potential changes to the construct of the GSEs' housing goals.
The hearing examined the impact of COVID-19 and health and safety restrictions caused by it on small businesses.
The Treasury Department released updated FAQs for states and municipalities (“grantees”) reflecting the Biden Administration’s guidelines for structuring Emergency Rental Assistance (ERA) programs.
The Senate Committee on Small Business and Entrepreneurship advanced the nomination of Isabel Guzman to be Administrator of the Small Business Administration (SBA) by a bipartisan vote of 15-5, clearing the path for a confirmation vote on the Senate Floor.
NAR sent a follow-up letter to FHFA Director thanking him for hearing REALTORS' concerns during a call on February 8 regarding changes to FHFA condo rules, forebearance, and the FHFA's capital rule impact on GSEs.
The 2020-2021 Uniform Standards of Professional Appraisal Practice (USPAP) will now be effective until December 31, 2022.
The Biden Administration announced several changes to the SBA Paycheck Protection Program (PPP), in-line with its earlier commitment to ensure that the program reaches the smallest businesses and those in under-served communities.
NAR responded to the Federal Reserve Board of Governors' (FRB) Advance Notice of Proposed Rulemaking (ANPR) to modernize the Community Reinvestment Act.
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