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.
Since Congress did not pass a FY2013 budget, and instead the government is working under a Continuing Resolution, funding for some programs has been slow.
On Nov. 2, 2012, The Treasury Department, in collaboration with the National Association of REALTORS®, will hold Making Home Affordable “Help for Homeowners” outreach events in Orlando, Fla.
On Oct. 8, 2012, NAR President Moe Veissi submitted comments to the CFPB on proposed rules for national servicing standards to make improvements to mortgage servicing.
Recently, several California investor-owned utilities announced the development of an On-Bill Repayment (OBR) program using third-party capital to finance energy efficiency retrofits in commercial properties.
More than 900 communities nationwide will not lose access to rural housing programs this fall as expected after he Office of Rural Development of the Department of Agriculture published an Administrative Notice delaying implementation of 2010 Census data for use in their programs through March 27, 2013.
NAR President Moe Veissi wrote to Federal Reserve Chairman Ben Bernanke regarding tight access to mortgage credit, urging Bernanke to weigh in on three key rule proposals.