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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.

Taking Mortgages Through Eminent Domain: Not the Solution to the Housing Crisis

September 21, 2012: 

NAR attended a recent symposium in Washington, D.C., that highlighted the many concerns and questions regarding a new proposal being considered by several local governments across the country to seize mortgages by using their eminent domain authority.

FHFA Sends Notice of G-fee Increases for 5 States

September 21, 2012: 

The Federal Housing Finance Agency sent a notice to the Federal Register announcing a revised approach to guarantee fee (g-fees) charges.

Fannie Mae Expands Investor Financing Options

September 21, 2012: 

Fannie Mae recently announced expansion of it's Homepath Mortgage product that provides homebuyers and investors financing for the purchase of Fannie Mae-owned properties.

House Passes FHA Bill

September 14, 2012: 

Last week the House passed the FHA Emergency Fiscal Solvency Act of 2012, which strengthens FHA's financial solvency; allows FHA to collect losses from lenders who made material errors in underwriting or committed fraud; and strengthens financial oversight and disclosure.

FHA Issues Modest Changes to Condo Rules

September 14, 2012: 

The Federal Housing Administration (FHA) issued a mortgagee letter announcing modest improvements to the treatment of condos under the FHA program.

NAR Testifies on Terrorism Insurance Coverage

September 14, 2012: 

NAR urged Congress to extend the Terrorism Risk Insurance Act (TRIA) beyond its current December 2014 authorization to ensure that adequate insurance coverage is available for our nation’s businesses.

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