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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.

NAR Sends a Letter to Congress on Rural Housing Definition

March 1, 2013: 

NAR, with other industry groups, sent a letter to the Congressional leaders, urging them to update the definition of "rural" in order to retain vital RHS housing programs in more than 900 rural communities.

Bipartisan Housing Center Releases its Blueprint for America's Future Housing Finance System

March 1, 2013: 

On Monday, February 25th, 2013, the Bipartisan Policy Center (BPC) Housing Commission released a report titled, "Housing America's Future: New Directions for National Policy". This product was the culmination of 16-months of research and study.
 

NAR Urges CFPB to Fix Qualified Mortgage Cap on Fees and Points

February 22, 2013: 

NAR submitted comments on the Ability to Repay/Qualified Mortgage (QM) concurrent proposal seeking guidance on the calculation of fees and points and other matters such as rural mortgage access and non-profit lending.

The Myth of the $30,000 National Flood Insurance Policy

February 22, 2013: 

Recently, the news media reported that national flood insurance rates could increase to $30,000 a year.

Interior Finalizes Plan for Species-Protection Backlog

February 22, 2013: 

The Fish and Wildlife Service has finalized its plan for tackling the backlog of species that warrant protection under the Endangered Species Act.

FHA Testifies Before House Committee

February 15, 2013: 

FHA Commissioner Carol Galante testified before the House Financial Services Committee last week. Her testimony focused on the critical role that FHA has been taking in the housing recovery.  She also acknowledged FHA's financial woes, and explained the variety of things FHA has been doing to stabilize the Fund.

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