2011 NAR Legislative and Regulatory Year in Review
During 2011, the REALTOR® Legislative and Regulatory Agenda has focused on ensuring the continued flow of capital into the real estate market, preserving residential and commercial property ownership, and protecting the business interests of its members. NAR has made significant progress on all fronts. The issues highlighted here represent just a portion of the advocacy activity conducted on behalf of REALTORS®. To view the full list of issues NAR is working on, please visit www.realtor.org/politicaladvocacy.
Located just one block from the U.S. Capitol, the headquarters of the National Association of REALTORS® is perfectly positioned to make REALTORS®' voices heard in Washington, D.C.
NAR's staff uses this physical proximity and its long-standing relationships with legislators to work closely with Congress and regulatory agencies to push forward issues that benefit REALTORS®, the real estate industry and consumers.
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Ensuring the Flow of Capital into the Real Estate Market
- Restructuring the Secondary Mortgage Market (Fannie Mae/Freddie Mac - the GSEs)
- Covered Bonds
- FHA Condominium Rules
- FHA, Fannie and Freddie Loan Limits
- FHA Reform
- Risk Retention/QRM Proposed Rule
- Ability to Repay (QM) Rule
- Seller Financing Rule
- SBA Commercial Property Refinancing Program
- Lease Accounting Rules
Preserving the Value of Property Ownership
- Mortgage Interest Deduction, Deficit Reduction & Tax Reform
- National Flood Insurance Program (NFIP)
- Voluntary Residential Energy Use Label Program
- Environmental Regulations
- Lead Testing Requirements
Protecting REALTORS®' Business Interests and Activities
- Dodd-Frank Treatment of Mortgage Firms with Realty Affiliates
- Mortgage Assistance Relief Services Rule (MARS)
- Mortgage Loan Originator Licensing
- RESPA Good Faith Estimate (GFE) and the Truth in Lending Act Disclosure (TILA)
- Home Warranty
- Network Neutrality
- Patent Reform
- Appraisal Independence
- Appraisal Management Company Indemnification
- Appraiser Fiduciary Responsibilities
- HUD REO Closing Issues
- Short Sales
- Treasury Department HAFA Outreach Event
