On Jan. 30, 2014, the United States Senate voted 67-32 to approve the Homeowner Flood Insurance Affordability Act (S. 1926), sponsored by Senators Menendez (D-NJ) and Isakson (R-GA).
NAR commends President Obama for highlighting two key policy reforms during his State of the Union address tonight that support the future of homeownership and the business of real estate.
Realtors® applaud the Senate for moving to consider and debate the Homeowner Flood Insurance Affordability Act, which will help the millions of homeowners who are now facing dramatic flood insurance rate increases.
On Jan. 16, 2014, NAR joined with a group of 18 other real estate associations in sending a comment letter to Senate Finance Committee Chairman Max Baucus (D-MT) regarding a staff discussion draft released by the Committee on Nov. 21, 2013.
On Jan. 16, 2014, Congress passed the Omnibus Appropriations Bill (H.R. 3547) to fund the federal government through Sept. 30, 2014.
On Jan. 14, 2014, NAR submitted a statement for the record to the U.S. House Financial Services Subcommittee on Financial Institutions and Consumer Credit hearing on "How Prospective and Current Homeowners will be Harmed by the CFPB's Qualified Mortgage Rule."
When banks weren’t approving mortgage loans and would-be homebuyers were denied access to credit, Realtors® called on policy makers to take steps to loosen the tight credit environment.
Have you received a demand letter from a “patent troll”? We want to hear from you.
The Federal Housing Administration (FHA) has temporarily waived the blanket hazard, flood, liability and other insurance requirements in Mortgagee Letter 2011-22 for Manufactured Housing, Detached and Common Interest Housing Projects.
The White House Office of Management and Budget (OMB) has reportedly requested that EPA clarify whether the "significance" of a connection between smaller waterbodies and larger downstream waters marks a technical or policy issue -- echoing questions raised by a coalition of regulated stakeholders, including NAR, who are concerned that the agency may not be adequately weighing the issue as it works to clarify jurisdiction of the Clean Water Act (CWA).