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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.

Guaranteed Loan Program for Rural Areas Issues Loan Processing Advisory

August 17, 2012: 

The U.S. Department of Agriculture’s Single Family Housing Guaranteed Loan Program has issued an advisory for lenders that will also be of interest to REALTORS with buyers and sellers over the next several weeks.

FHFA Raises Concerns Over Eminent Domain Proposal

August 10, 2012: 

The conservator of Fannie Mae and Freddie Mac sent a notice to the Federal Register announcing the acceptance of public comments on the restructure of performing loans through the use of eminent domain.

Extension of Mortgage Cancellation Relief Goes Forward

August 3, 2012: 

The Senate Finance Committee has crafted and sent to the full Senate a package that would extend the mortgage relief provision for an additional year, through December 31, 2013.

Senate Passes Foreign Investment Bill

August 3, 2012: 

The Senate passed S. 3245, which reauthorizes the EB-5 regional center program that allows foreign investors to channel investment funds into American businesses and developments for three years.

Coalition Urges Extension of Rural Housing Programs

August 3, 2012: 

On Sept. 30, more than 900 communities who currently are eligible for housing programs under the Rural Housing Service in the Department of Agriculture become ineligible.

Senate Committee Conducts Hearing on Section 8 Reform

August 3, 2012: 

Last week the Senate Banking Committee convened a hearing on "Streamlining and Strengthening HUD’s Rental Housing Assistance Programs."

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