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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.

FHA Premium Reduction In Effect

January 26, 2015: 

The Federal Housing Administration’s (FHA) 50 basis point mortgage insurance premium (MIP) reduction goes into effect.

Drone Operator Settles with FAA

January 25, 2015: 

A commercial drone pilot, Raphael Pirker, has settled his long-running case with the Federal Aviation Administration.

House Science Committee Drones Hearing

January 23, 2015: 

On Wednesday, January 21, the House Science, Space, and Technology Committee held a hearing to discuss innovations in unmanned aircraft systems (UAS, or "drones"), the need for FAA rules on their commercial use, and the roadblocks to getting those rules promulgated. 

CFPB Targets Kickbacks

January 23, 2015: 

On Thursday January 22, 2015, the Consumer Financial Protection Bureau (CFPB) and the Maryland Attorney General fined two banks for illegal payments for referrals under the guise of marketing and other agreements under the Real Estate Settlement Procedures Act (RESPA).

EPA Publishes Water Science Report

January 23, 2015: 

The Environmental Protection Agency's (EPA) Office of Research and Development released the final science report, Connectivity of Streams and Wetlands to Downstream Waters.

NAR Responds to Congressional Open Internet Hearings

January 21, 2015: 

The Senate Commerce, Science & Transportation Committee and the House Subcommittee on Communications and Technology, each held a hearing entitled “Protecting Internet and Consumers through Congressional Action.”

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