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.

FEMA Issues New Flood Insurance Manual

August 29, 2014: 

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.

Elimination of FHA “Prepayment Penalty”

August 29, 2014: 

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.

FHFA Releases GSE Strategic Plan

August 22, 2014: 

On August 15, 2014,The Federal Housing Finance Agency (FHFA) released a Request for Input on its Strategic Plan for 2015-2019

FEMA Redesigns Map Service Center

August 22, 2014: 

FEMA has announced a redesign of their Map Service Center (MSC).

NAR Comments on Housing Finance Reform

August 15, 2014: 

On Aug. 8, 2014, NAR President Steve Brown provided comments to the U.S. Department of Treasury in response to a request for Public Input on Development of Responsible Private Label Securities (PLS) Market.

CFPB issues $19.3 million Fine

August 15, 2014: 

On Aug. 12, 2014, the Consumer Financial Protection Bureau (CFPB) announced a consent agreement and $19.3 million in fines under the Real Estate Settlement Procedures Act (RESPA) and other laws with Amerisave Mortgage Corporation, its affiliate, Novo Appraisal Management Company, and the owner of both companies, Patrick Markert.

Pages