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.
In Feb. 2014, President Obama signed H.R. 2642, the Agricultural Act of 2014 (the Farm Bill), to protect more than 900 communities that were at risk of losing access to federal rural housing programs.
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.
FEMA has updated THE manual which insurance companies use to write flood insurance policies. The comprehensive manual provides answers to just about any question a REALTOR® or REALTOR® Association staffer may have regarding flood insurance, ranging from how condos are treated to rate tables as revised by the Homeowner Flood Insurance Affordability Act enacted earlier this year.
On August 26, 2014, the Federal Housing Administration (FHA) issued its final rule to eliminate post-payment interest charges on FHA-insured single family mortgages.
On August 15, 2014,The Federal Housing Finance Agency (FHFA) released a Request for Input on its Strategic Plan for 2015-2019
FEMA has announced a redesign of their Map Service Center (MSC).