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Washington Report

The Washington Report covers legislative and regulatory policy activities, and is compiled by NAR's Government Affairs policy staff. To receive this content via email, subscribe to NAR's Weekly Report newsletter and check the "legislative & regulatory issues" box.

July 31, 2015
On July 30, 2015, the U.S. Senate passed a short-term highway and transit bill, which extends authority through October 29, 2015, but replenishes the Highway Trust Fund into December 2015.
July 31, 2015
On July 29, 2015, the U.S. House Financial Services Committee passed H.R. 3192 (Rep. Hill, R-AR), which would delay the Consumer Financial Protection Bureau’s (CFPB) enforcement of the new Truth in Lending Act and the Real Estate Settlement Procedures Act (TILA-RESPA) integrated disclosure rule.
July 31, 2015
NAR joined more than 1,500 national, state and local organizations and municipalities in a letter to Congressional leaders urging incrased funding for the HOME Investment Partnerships Program (HOME) program.  Using a formula, the Department of Housing and Urban Development (HUD) distributes HOME grants states and local communities to fund a wide range of affordable housing activities.  These include downpayment assistance, rental assistance, rehabilitation of affordable housing, and development.  The Appropriations Committees in Congress, reacting to lower budgetary threshold
July 31, 2015
On July 30, Wells Fargo and Prospect Mortgage joined a growing number of lending institutions in discontinuing participation in Marketing Services Agreements (MSAs) with real estate agents and brokers.
July 24, 2015
On Thursday, July 23, NAR participated in the House Unmanned Systems Caucus panel discussion, "Commercial Applications of Unmanned Aircraft Systems."

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