On December 13, 2013, NAR President Steve Brown sent a letter to Charles Coulter, Deputy Assistant Secretary for Single Family Housing, concerning the draft FHA Single Family Handbook.
On December 12, 2013, The Federal Reserve Board, along with five other federal regulatory agencies, issued a final rule to exempt a subset of higher priced mortgage loans (HPML) from certain appraisal requirements.
The 2013 NAR Legislative and Regulatory Year in Review document gives you a quick overview of the issues NAR tackled in 2013.
On Dec. 5, 2013 the U.S. House passed the H.R. 3309 “Innovation Act” aimed at curbing abuses in the patent litigation system.
The EPA and the Army Corps of Engineers have released a cost-benefit analysis in support of their proposed rule to regulate all waters of the U.S. under the Clean water Act.
NAR Applauds House Passage of Legislation to Protect Realtors® from Frivolous Patent Infringement Lawsuits
Today the U.S. House of Representatives passed The Innovation Act of 2013, which will help curb abusive patent litigation and licensing schemes that can hurt REALTORS®.
The Federal Housing Administration (FHA) is developing a new Single Family Housing Policy Handbook. The handbook will combine prior handbooks, Mortgagee Letters, and Housing Notices into a single policy source.
Realtors® welcome today’s announcement from the Federal Housing Finance Agency that the current limits on conforming loans will remain in effect until further notice.
Before a House subcommittee on Nov. 19, 2013, NAR past president Moe Veissi testified against further implementation of rate increases until FEMA can report to Congress as required by the Biggert-Waters law.
On Wednesday Nov. 20, 2013 the CFPB issued the final RESPA/TILA rule.