Powered by Google

Search form

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.

Regulators Re-Propose QRM Rule

August 30, 2013: 

The six financial federal regulators [HUD, Fed, FDIC, FHFA, OCC, SEC] responsible for writing and implementing the Qualified Residential Mortgage rule, or "QRM", re-proposed the rule after receiving considerable pushback from NAR, other housing industry groups, consumer groups, and lawmakers.

ACA Individual Mandate Rules Released

August 30, 2013: 

On August 28, 2013, the U.S. Treasury Department and Internal Revenue Service (IRS) issued final regulations on the individual shared responsibility provisions, i.e. individual mandate, of the Affordable Care Act.

Hotel Condominium Not a Security

August 30, 2013: 

The Ninth Circuit Court of Appeals has affirmed the dismissal by a lower court of a lawsuit which claimed that the sale of condominium units in a hotel, together with a “rental management agreement,” constituted the sale of securities.

GSEs Announce Short Sale Changes

August 23, 2013: 

On August 22, 2013, Fannie Mae announced updates to its automated underwriting standards to fix problems with credit reporting of short sales.

USDA Section 504 Funding Available

August 23, 2013: 

The U.S. Department of Agriculture (USDA) has funding available for Section 504 home repair loans.

House Launches Bipartisan Privacy Working Group

August 23, 2013: 

On August 1, the leaders of a House subcommittee that regulates online commerce issues launched a bipartisan working group to examine online privacy issues and determine whether legislation is necessary to address concerns over the way companies are handling vast troves of data.

Pages