Powered by Google

Search form

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.

CFPB Releases Qualified Mortgage Rule

January 11, 2013: 

On Thursday, Jan. 10, 2013, NAR achieved a significant victory in obtaining a safe harbor in the QM rule for loans underwritten to the automated standards of the GSEs, FHA, VA, and RHS.

Congress Approves Loan for Superstorm Sandy Flooding

January 7, 2013: 

On Jan. 4, 2013, Congress approved nearly a $10 Billion increase in the National Flood Insurance Program's borrowing authority for Superstorm Sandy (HR 41).

Real Estate Provisions in the "Fiscal Cliff" Bill

January 4, 2013: 

On Jan. 1 both the Senate and House passed H.R. 8, legislation to avert the “fiscal cliff.”

NAR Comments on FHA Interpretive Rule on Minimum Cash Investment Under the National Housing Act

January 4, 2013: 

On Dec. 28, 2012, NAR submitted comments to FHA on the interpretive rule regarding prohibited sources of minimum cash investment under the National Housing Act.

HUD Announces More Changes to FHA

December 20, 2012: 

In a letter to Senator Corker (R-TN) dated Dec.18, 2012,  FHA announced additional changes to "rebuild the reserves of the Mutual Mortgage Insurance Fund."

NAR Comments on Gfee Increases

December 14, 2012: 

On Sept. 20, 2012, The Federal Housing Finance Agency (FHFA, the conservator of Fannie Mae and Freddie Mac (the GSEs) proposed adjustments to the Guarantee fees charged by Fannie Mae and Freddie Mac for individual states where the GSEs estimated longer timelines and higher costs for completing foreclosures. 

Pages