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 Supreme Court held that the single-director structure of the Federal Housing Finance Agency (FHFA) was unconstitutional. As a result of the decision, the Administration has already replaced now former FHFA Director Mark Calabria with Acting Director, Sandra Thompson.
The Department of Housing and Urban Development (HUD) announced changes that more appropriately calculate student loan debt when determining borrower liabilities for Federal Housing Administration (FHA) loans.
NAR met with staff from the Financial Crimes Enforcement Network (FinCEN) to discuss anti-money laundering laws and beneficial ownership regulations.
Setting the two rules (QRM and QM) equal creates a common legal benchmark and level of quality between the primary and secondary market.
The CDC’s eviction moratorium remains in effect nationwide through its expiration on June 30th, pending consideration by the Supreme Court.
The Biden Administration has released the FY 2022 Budget of the United States Government. Check out the budget items of note to the real estate industry.
Ongoing litigation regarding the Center for Disease Control's (CDC's) nationwide eviction moratorium has resulted in a recent stay issued by the U.S. District Court for the District of Columbia, which means the CDC order remains in place nationwide pending further appeals.
On Thursday, May 20, NAR and a coalition of real estate industry groups sent a letter to the Senate Banking Committee for its hearing, “21st Century Communities: Expanding Opportunity Through Infrastructure Investments.”
The U.S. Department of Labor announced withdrawal of the Independent Contractor rule for determining how workers are classified under the Fair Labor Standards Act (FLSA).
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."
Search Washington Report