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Federal Surface Transportation Program Reauthorized

June 29, 2012: 

The U.S. Senate and House of Representatives both approved H.R. 4348, the Surface Transportation Conference Report. The bill authorizes federal surface transportation spending programs through Sept. 30, 2014.

Growing Our Global Network in the Middle East

June 28, 2012: 

NAR recently expanded its global reach by signing a Cooperating Association Agreement with the Dubai Real Estate Institute (DREI). This is NAR's first bilateral partner in the Middle East.

NAR Meets With CFPB

June 22, 2012: 

On June 19, 2012, NAR President Moe Veissi met with Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB) to discuss a wide range of topics including the Qualified Mortgage (QM) and RESPA/TILA rulemakings, as well as upcoming rulemakings covering servicing standards and loan officer compensation.

NAR Testifies Before House Financial Services Subcommittee on RESPA/TILA Harmonization

June 22, 2012: 

On Wednesday, June 20, 2012, NAR 2012 President Moe Veissi testified before the House Financial Services Subcommittee on Insurance, Housing, and Community Opportunity on the forthcoming Consumer Financial Protection Bureau (CFPB) rulemaking on RESPA/TILA harmonization.

Senate Passes Rural Housing Amendment

June 22, 2012: 

As part of the Farm Bill (S.3240), the Senate passed an amendment by Senators Nelson (D-NE) and Johanns (R-NE) that will grandfather communities currently eligible for rural housing programs, and increase the population threshold for those communities to 35,000.

Lawmakers Raise Concerns on PCCRA and QRM

June 22, 2012: 

On June 19, 2012, twelve members of Congress, led by Sens. Hagan (D-NC) and Crapo (R-ID), issued a letter expressing concern to six banking agencies regarding their proposed risk retention regulations.

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