On Tuesday July 29, 2014, NAR met with the Consumer Financial Protection Bureau (CFPB) on the implementation of changes to the Real Estate Settlment Procedures Act (RESPA) and the Truth in Lending Act (TILA).
On July 23, 2014, NAR testified on flood insurance before a Senate appropriations subcommittee.
NAR plans to submit comments on the Federal Aviation Administration's (FAA) recent "Interpretation of the Special Rule for Model Aircraft", which specifically mentioned REALTORS® use of Unmanned Aerial Vehicles (UAVs) for taking property videos as being a commercial use and therefore prohibited under FAA policy.
NAR testified today before the U.S. Senate Appropriations Subcommittee on Homeland Security, commending FEMA for effective implementation of flood insurance reforms.
Watch the ad, part of NAR and realtor.com®'s coordinated branding effort.
Watch NAR President Steve Brown discuss his visit to the White House to celebrate the 80th anniversary of the Federal Housing Administration.
On Thursday, July 17, the Senate approved S. 2244, the Terrorism Risk Insurance Program Reauthorization Act of 2014, by a vote of 93-4.
NAR, as part of the Commercial Properties Coalition, recently filed the latest in a series of comment letters relating to efforts by the U.S. Environmental Protection Agency (EPA) to regulate purported lead paint hazards that may arise from renovation and remodeling activities in public and commercial buildings.
NAR President Steve Brown was at the White House on Friday, July 18, to celebrate the Federal Housing Administration’s 80-year anniversary.
On July 14, 2014, HUD issued Mortgagee Letter 2014-15 allowing dual agency agreements in FHA pre-foreclosure transactions.