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NAR Testifies Before EPA on Lead Paint

June 28, 2013: 

This week the EPA held a public hearing on on renovation, repair and painting activities in public and commercial buildings.

CFPB Tweaks Mortgage Rules

June 28, 2013: 

On Monday, June 24, 2013, the Consumer Financial Protection Bureau (CFPB) issued proposed changes to the Qualified Mortgage (QM), Loan Officer Compensation, and Mortgage Servicing rules among others.

Senate Introduces Data Security Legislation

June 28, 2013: 

On June 20, six Republican Senators and an Independent (Toomey, King, Thune, Heller, Blunt, Rubio, Coats) introduced the Data Security and Breach Notification Act of 2013. (S. 1193)

NAR Notches Victory in Supreme Court Property Rights Case

June 28, 2013: 

The Supreme Court sided today with a Florida landowner who challenged terms for a state-issued permit for developing wetlands.

Real Estate Industry Urges EPA to Postpone Commercial Building Lead Hazard Rulemaking

June 26, 2013: 

The Environmental Protection Agency must justify its efforts to apply new lead paint regulations to public and commercial properties, Realtor® Harold Huggins testified at a public hearing today on behalf of the National Association of Realtors® and its affiliates, the Institute for Real Estate Management and the CCIM Institute.

Update on Protecting Mortgages for Consumers

June 26, 2013: 

2013 NAR President Gary Thomas has great news to share about the Consumer Mortgage Choice Act, a bipartisan legislative effort that clarifies how points and fees are calculated and ensures consumers have access to affordable mortgage credit.

Keeping Mortgages Affordable

June 24, 2013: 

NAR President Gary Thomas testified recently on Capitol Hill, urging Congress to change the 3% cap on points and fees in the Qualified Mortgage rule that takes effect in 2014. He asked them to instead pass the Consumer Mortgage Choice Act, legislation essential to maintain competition and choice in mortgage origination - legislation that keeps homeownership affordable. Watch Gary's latest podcast.

NAR Testifies on Consumer Mortgage Choice Act

June 21, 2013: 

On Tuesday, June 18, 2013, NAR President Gary Thomas testified before the House Financial Services Subcommittee on Financial Institutions and Consumer Credit in support of H.R. 1077, The Consumer Mortgage Choice Act. 

GSEs Announce Short Sale Changes

June 21, 2013: 

Fannie Mae and Freddie Mac, the Government Sponsored Enterprises (GSEs), announced changes to their Standard Short Sale and HAFA guidelines to improve transparency and marketing of listed properties that will require GSE approval.

Congress Acts on Rural Housing

June 14, 2013: 

Two different bills are moving through Congress to address the rural housing issue.

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