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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.

NAR Letter on FHA Premiums

April 4, 2014: 

On April 2, 2014, President Steve Brown sent a letter to the Department of Housing and Urban Development (HUD) with concerns about the Federal Housing Administration’s (FHA) high annual mortgage insurance premiums and mortgage insurance that is required for the life of the loan.

NAR President Meets with FEMA

April 4, 2014: 

NAR President Steve Brown met with the Director of the National Flood Insurance Program on April 1, 2014 to discuss issues related to implementing the Homeowner Flood Insurance Affordability Act (HFIAA) that was recently signed into law.

CFPB Issues RESPA-TILA Guide

April 4, 2014: 

On Monday March 31, 2014 the CFPB issued its RESPA/TILA small business compliance guide.

EPA Proposes Increased Regulation of Water

April 4, 2014: 

The Environmental Protection Agency (EPA) and the U.S. Army Corps of Engineers (Army Corps) ( “the agencies”) published a proposed rule on March 25, 2014 that seeks to clarify which streams, wetlands and other waters are considered “waters of the United States” (WOTUS) and subject to regulation under the Clean Water Act (CWA).

Proposed Rule Issued on AMCs

March 28, 2014: 

On March 24, 2014, six federal agencies issued a joint proposed rule to implement minimum requirements for state registration and supervision of appraisal management companies (AMCs).

President Obama Signs Flood Insurance Bill Into Law

March 21, 2014: 

On March 21, 2014, President Obama signed the “Homeowner Flood Insurance Affordability Act” into law.

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