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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.

Rule on HPML Appraisal Exemptions

December 13, 2013: 

On December 12, 2013, The Federal Reserve Board, along with five other federal regulatory agencies, issued a final rule to exempt a subset of higher priced mortgage loans (HPML) from certain appraisal requirements.

Anti-Patent Troll Bill Passes House by Huge Margin

December 6, 2013: 

On Dec. 5, 2013 the U.S. House passed the H.R. 3309 “Innovation Act” aimed at curbing abuses in the patent litigation system.

EPA Issues Water Rule Cost Analysis

December 6, 2013: 

The EPA and the Army Corps of Engineers have released a cost-benefit analysis in support of their proposed rule to regulate all waters of the U.S. under the Clean water Act.

NAR Testifies for Flood Insurance Affordability Bill

November 21, 2013: 

Before a House subcommittee on Nov. 19, 2013, NAR past president Moe Veissi testified against further implementation of rate increases until FEMA can report to Congress as required by the Biggert-Waters law.

CFPB Issues RESPA/TILA Rule

November 21, 2013: 

On Wednesday Nov. 20, 2013 the CFPB issued the final RESPA/TILA rule.

Baucus Draft Hits Commercial Real Estate

November 21, 2013: 

Senate Finance Committee Chairman Max Baucus (D-MT) released a draft tax reform proposal today, which included several provisions that would affect current tax provisions for commercial real estate in a negative way.

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