Powered by Google

Search form

Topics

|

Programs

|

Directories

|

Apps

|

Videos

|

Store

Washington Report

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.

June 12, 2015
On Thursday, June 4, 2015 the Consumer Financial Protection Bureau (CFPB) issued a decision against PHH Corporation and a number of other defendants for among other things, violating the Real Estate Settlement Procedures Act (RESPA) by paying for referrals where there is federally related mortgage.  CFPB Director Cordray disagreed with interpretations by an administrative law judge relying on a 1997 HUD interpretive letter and expanded the monetary value of the disgorgement from $6.4 million to $109.2 million.
June 12, 2015
Network Neutrality rules went into effect on June 12.  The regulations prohibit broadband providers from blocking, slowing or selling faster delivery of legal content flowing through their networks to consumers.
On June 11, a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit denied petitions for a temporary stay of the Network Neutrality Rules made in separate lawsuits by AT&T Inc. and other opponents of the rules.
Opponents of the rules have challenged them in court and that process still continues.
June 5, 2015
The Senate Judiciary Committee overwhelmingly approved S. 1137 the PATENT Act by a vote of 16-4.
June 5, 2015
To further advance voluntary energy efficiency activities in homes across the country, NAR's Center for Realtor Technology has signed an agreement with the Department of Energy (DOE) that will help American families improve the efficiency of their homes.
June 4, 2015
Rule takes effect August 1; NAR will continue to work with the CFPB to minimize any possible market disruptions or uncertainty.

Pages