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.
President Trump recently issued an Executive Order (EO) to accelerate infrastructure investments in an effort to strengthen the economy and get people back to work.
NAR sent a letter to the White House urging further relief during the pandemic. The letter included a number of provisions to help REALTORS® and real estate remain a strong force in our economy.
The “PPP Flexibility Act” bill, passed by the U.S. Senate on June 3, amends the CARES Act to give more flexibility to PPP borrowers in how they can use their loan proceeds.
New bill introduced in the U.S. Senate will permit first time buyers who have gone through approved counseling to lower their FHA mortgage insurance premiums.
On Thursday, May 28, 2020, the House of Representatives just passed the "Paycheck Protection Program Flexibility Act," which makes several amendments to the CARES Act to make PPP loans more helpful to small businesses by increasing flexibility. Find out what changes are included in the new legislation.
Five federal regulatory agencies - the Federal Reserve, FDIC, OCC, Farm Credit and National Credit Union Administrations - published final regulations clarifying lender acceptance of private flood insurance. These rules will take effect on July 1.
Federal banking regulators released a final regulation clarifying lender acceptance of private flood insurance. The final regulation implements Section 239 of the Biggert-Waters Flood Insurance Reform Act of 2012, which generally requires lenders to accept private flood insurance meeting a strict statutory definition.
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