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.
Last week House Financial Services Chairman Hensarling (R-TX) introduced a comprehensive discussion draft on Housing Finance Reform. The draft bill, called the Protecting American Taxpayers and Homeowners (PATH) Act, includes reforms to FHA, the GSEs, and the financial regulatory law known as the Dodd-Frank Act.
The Obama administration is looking forward to a host of new environmental regulations that go far beyond the president's plans to issue new standards for greenhouse gas emissions from new and existing power plants.
The 2012 Biggert-Waters Flood Insurance Reform Act reauthorized the federal program for five years.
The U.S. Environmental Protection Agency (EPA) announced on June 18 that a new post-construction stormwater rulemaking has been delayed for a third time.
This week the EPA held a public hearing on on renovation, repair and painting activities in public and commercial buildings.
On Monday, June 24, 2013, the Consumer Financial Protection Bureau (CFPB) issued proposed changes to the Qualified Mortgage (QM), Loan Officer Compensation, and Mortgage Servicing rules among others.