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.
NAR sent letters to key Congressional Appropriators last week, urging them to protect rural communities.
The Federal Trade Commission has announced updated fees starting on Oct. 1, 2013, for telemarketers accessing phone numbers on the National Do Not Call Registry.
The Federal Emergency Management Agency (FEMA) has released guidelines for how flood insurance rates will be calculated under the Biggert-Waters Act of 2012.
The six financial federal regulators [HUD, Fed, FDIC, FHFA, OCC, SEC] responsible for writing and implementing the Qualified Residential Mortgage rule, or "QRM", re-proposed the rule after receiving considerable pushback from NAR, other housing industry groups, consumer groups, and lawmakers.
On August 28, 2013, the U.S. Treasury Department and Internal Revenue Service (IRS) issued final regulations on the individual shared responsibility provisions, i.e. individual mandate, of the Affordable Care Act.
The Ninth Circuit Court of Appeals has affirmed the dismissal by a lower court of a lawsuit which claimed that the sale of condominium units in a hotel, together with a “rental management agreement,” constituted the sale of securities.