Washington Report

Advocacy Updates from Washington D.C.

NAR President Moe Veissi testified before the House Financial Services Committee on the important role of FHA in the marketplace and the FHFA released a summary of the responses received to the Request for Information on enhancing Fannie Mae, Freddie Mac, and the Federal Housing Administration’s REO asset disposition strategies announced August 10, 2011.

In this issue: NAR and Other Organizations Support Bill to Level Playing Field for Community Businesses; Bank of America Releases Short Sale Videos.

In this issue: NAR Comments on SEC Concept Release; NAR Supports Covered Bonds Legislation; NAR Supports Loan Flexibility Legislation; Fannie and Freddie Release Details on HARP 2; Freddie Mac Amends Mandatory Short Sale Affidavit Policy; Freddie Mac HomeSteps Winter Sales Promotion; FY11 Audit of FHA is Released; Congress Restores Loan Limits for FHA; Congress Re-extends Flood Insurance to Dec. 16; Legislation Takes on Interstate Sales Tax Collections; Passed Appropriations Bill Prohibits Funding for Implementation of H -2B Regulation.

In this issue: Senate Passes Loan Limit Extension Amendment; BofA's Equator Requires Current License Information.

In this issue: NAR Supports Credit Union Lending Bill; NAR/ALTA Seek Freddie Short Sale Affidavit Changes; NAR Testifies Before Congress that the Government Plays Valuable Role in Homeownership; Treasury Department Holds Short Sale Outreach Event for Real Estate Professionals.

In this issue: HUD Clarifies FHA Mortgage Insurance Requirements on 15 Year Loans; NAR Comments on Proposed Energy Labeling Program for Commercial Buildings; Congress Extends Flood Insurance until Nov. 18.

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