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.
More than 900 communities that were at risk for losing access to federal rural housing programs are now protected through 2020.
On February 3, legislation was introduced that would restore net neutrality rules struck down last month by a federal appeals court.
At a recent forum, hosted by the National Academy of Sciences, 2014 NAR President Steve Brown testified that flood insurance is becoming increasingly unaffordable for homeowners who are required to purchase it.
Last week NAR joined forces with a coalition of groups to urge HUD to make flood mitigation an explicit eligible use of the FHA 203k loan program.
NAR has been working with Congress for the last three years to ensure that rural communities continue to have access to rural housing programs.
On Jan. 30, HUD announced that it will now accept electronic signatures on most documents involved in FHA mortgage insurance, mortgage servicing, loss mitigation and FHA insurance claims.