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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.

Supreme Court Dismisses First American RESPA Appeal

June 29, 2012: 

Overshadowed by the Supreme Court’s June 28 decision on the Affordable Care Act, the Court also reversed course and dismissed the appeal of First American Corporation in First American Financial Services v. Edwards challenging whether a claim alleging RESPA violations can be brought in the absence of actual financial injury to a plaintiff.

NAR Testifies Before House Subcommittee on Appraisal Issues

June 29, 2012: 

On June 28, 2012, Frank Gregoire testified before the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity on behalf of the National Association of REALTORS® (NAR).

The House Oversight and Government Reform Committee Passes the GSA Act of 2012

June 29, 2012: 

On Wednesday, June 27, the House Oversight and Government Reform Committee passed legislation that eases proposed limitations on government employee attendance at conferences, including those held by trade associations like NAR.

Federal Surface Transportation Program Reauthorized

June 29, 2012: 

The U.S. Senate and House of Representatives both approved H.R. 4348, the Surface Transportation Conference Report. The bill authorizes federal surface transportation spending programs through Sept. 30, 2014.

NAR Meets With CFPB

June 22, 2012: 

On June 19, 2012, NAR President Moe Veissi met with Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB) to discuss a wide range of topics including the Qualified Mortgage (QM) and RESPA/TILA rulemakings, as well as upcoming rulemakings covering servicing standards and loan officer compensation.

NAR Testifies Before House Financial Services Subcommittee on RESPA/TILA Harmonization

June 22, 2012: 

On Wednesday, June 20, 2012, NAR 2012 President Moe Veissi testified before the House Financial Services Subcommittee on Insurance, Housing, and Community Opportunity on the forthcoming Consumer Financial Protection Bureau (CFPB) rulemaking on RESPA/TILA harmonization.

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