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House Passes 3% Cap Package

September 19, 2014: 

On September 16, 2014, the House of Representatives passed H.R. 5461, a compendium of legislation that had already passed the House that includes H.R. 3211, The Mortgage Choice Act that addresses discrimination in the calculation of fees and points in the Qualified Mortgage Rule.

Realtors® President Calls on Policy Makers to Protect Middle Class Homeownership at Bipartisan Policy Center Housing Summit

September 16, 2014: 

NAR President Steve Brown spoke about obstacles to mortgage credit facing creditworthy buyers today at the Bipartisan Policy Center’s 2014 Housing Summit, Housing America’s Future: New Directions for National Policy.

NAR Participates in FAA Working Group

September 12, 2014: 

NAR has been invited to participate in a Federal Aviation Administration (FAA) working group on Unmanned Aerial Systems (UASs). NAR will educate FAA officials on how REALTORS® are interested in utilizing this technology safely and responsibly. Currently, the FAA prohibits the use of UASs for any commercial purpose, such as creating a video to sell property. The FAA is on track to propose regulations that will establish a timeframe for integrating small UASs into the national airspace. NAR supports regulations that would allow members to use this technology safely but that are not overly cumbersome or expensive.

NAR Submits Comments to FHFA on G-Fees

September 12, 2014: 

On September 8, 2014, NAR submitted comments to FHFA in response to its Request for Input on the guarantee fees (g-fees) that Fannie Mae and Freddie Mac (the government-sponsored enterprises or Enterprises) charge lenders; and to raise concerns about implementation of the proposed increases to both the g-fee and up-front fees charged to borrowers (loan level pricing adjustments or LLPAs). 

NAR Submits Comments to FHFA on PMIERs

September 12, 2014: 

On September 8, 2014, NAR submitted comments to FHFA on its proposed draft Private Mortgage Insurer Eligibility Requirements (PMIERs) for companies that insure mortgage loans owned or guaranteed by Fannie Mae and Freddie Mac. The proposed requirements are important to NAR members as private mortgage insurance is often required for borrowers with down payments less than 20 percent. In its letter, NAR focused on three points:

House Opposes Clean Water Act Over-Regulation

September 12, 2014: 

On September 9, 2014, the House voted 262-152 to pass HR 5078, the ‘Waters of the U.S.’ Regulatory Overreach Protection Act by Reps.

Rural Housing Loan Processing Delays

September 11, 2014: 

Many states have experienced delayed processing times for the Single Family Rural Housing Direct and Guaranteed Loan Programs.

Infographic: 7 Ways NAR Advocates for Members & Their Clients

September 9, 2014: 

Find out how NAR supports you with its advocacy efforts.

NAR Fall Legislative Update

September 5, 2014: 

NAR President Steve Brown and NAR Chief Lobbyist Jerry Giovaniello discuss REALTORS' legislative priorities as Congress returns for its last four weeks before the 2014 elections.

NAR Meets with EPA on Lead Paint Concerns; Files Comments

September 5, 2014: 

NAR has been working with the U.S. Environmental Protection Agency (EPA) to help guide the agency’s efforts to identify lead paint hazards in remodeling activities in commercial buildings.

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