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 the Edge Up with NAR newsletter.
On Wednesday, May 11, 2022, the Senate voted to confirm Julia Gordon as the next Commissioner of the Federal Housing Administration (FHA).
The current Geographic Targeting Order (GTO) is effective beginning April 30, 2022 until October 26, 2022, and includes additional jurisdictions.
HUD announced the establishment of an exclusive 30-day listing period for the sale of foreclosed formerly FHA-insured properties to Owner-Occupant Buyers, Governmental Entities, and HUD-approved nonprofits.
NAR along with staff of local and state associations met with senior staff of Fannie Mae to discuss issues that have arisen from the recently implemented safety and reserving requirements.
NAR has provided comments to the Biden Administration’s Action Plan to Advance Property Appraisal and Valuation Equity (PAVE Action Plan).
Learn about the items of note to the real estate industry that were included in President Biden’s full $5.8 trillion budget request, which will need to pass Congress.
Check out the new Department of Justice's information on web accessibility and the Americans with Disabilities Act (ADA).
The independent contractor regulation updated the definition of “employer” under the Fair Labor Standards Act (FLSA), adopting an economic realities test for classifying workers as employees or independent contractors.
The $1.5 trillion bipartisan bill funds the government through the fiscal year ending Sept. 30 and contains many NAR advocacy priorities, including flood insurance, affordable housing, and transportation. Read NAR’s full analysis of provisions important to real estate.
Check out NAR's response to the Federal Housing Finance Agency's (FHFA) proposed strategic plan for 2022-2024.
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