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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 Comments on QM Rule

January 17, 2014: 

On Jan. 14, 2014, NAR submitted a statement for the record to the U.S. House Financial Services Subcommittee on Financial Institutions and Consumer Credit hearing on "How Prospective and Current Homeowners will be Harmed by the CFPB's Qualified Mortgage Rule."

NAR Seeking Members Contacted by Patent Trolls

January 17, 2014: 

Have you received a demand letter from a “patent troll”? We want to hear from you.

FHA Condo Insurance Requirement Waiver

January 17, 2014: 

The Federal Housing Administration (FHA) has temporarily waived the blanket hazard, flood, liability and other insurance requirements in Mortgagee Letter 2011-22 for Manufactured Housing, Detached and Common Interest Housing Projects.

OMB Questions EPA Water Rule

January 17, 2014: 

The White House Office of Management and Budget (OMB) has reportedly requested that EPA clarify whether the "significance" of a connection between smaller waterbodies and larger downstream waters marks a technical or policy issue -- echoing questions raised by a coalition of regulated stakeholders, including NAR, who are concerned that the agency may not be adequately weighing the issue as it works to clarify jurisdiction of the Clean Water Act (CWA).

Elements of Net Neutrality Order Overturned

January 17, 2014: 

The U.S. Court of Appeals for the District of Columbia ruled January 14 that key elements of the Federal Communications Commission’s (FCC’s) 2010 Open Internet Order are invalid.

CFPB Seeks Comment on Improving Closings

January 10, 2014: 

The Consumer Finance Protection Bureau (CFPB) is asking the public for comments about the real estate transaction closing process.

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