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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.

NAR Comments on FHFA PACE Proposal

April 2, 2012: 

 NAR recently commented on an Advanced Notice of Proposed Rulemaking (ANPR) issued by the Federal Housing Finance Agency (FHFA) on Property Assessed Clean Energy (PACE) programs.

NAR Submits Comments on Consumer Privacy Framework

April 2, 2012: 

On March 26, NAR submitted comments to the National Telecommunications and Information Administration (NTIA) on the Administration’s recently release Consumer Privacy Framework.

Lawmakers Raise Concerns on PCCRA

April 2, 2012: 

On March 26, 2012, Reps. Bachus (R-AL) and Garrett (R-NJ) issued a letter expressing concern to six banking agencies regarding their risk retention proposal, which contained a requirement that securitizers set aside the profits from sales of securities in a “premium capture cash reserve accounts” (PCCRAs).

Property Management Firm Pays $15,000 Fine Following Data Breach

April 2, 2012: 

On March 21st the Massachusetts Attorney General announced that a property management firm was fined $15,000 after the theft of a company laptop containing the personal information of over 600 Massachusetts residents.

Congress Extends Flood Insurance for 60 days

April 1, 2012: 

On May 30, 2012, the House of Representatives passed a 60-day extension of the National Flood Insurance Program, which will enable the Senate to act on the 5-year reauthorization and reform bill this June.

House Subcommittee Considers Duplication in Federal Housing Programs

March 26, 2012: 

The Rural Development Subcommittee of the House Agriculture Committee this week held a hearing on "duplicative federal rural development programs".

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