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Washington Report

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.

March 8, 2013
As is required by law, the FHA recently alerted Congress that they have utilized 75% of their commitment authority for multifamily insured loans.
March 8, 2013
On March 4, 2013, NAR, along with 50 other members of the Coalition For Sensible Housing Policy, submitted a letter to federal regulators asking that the standards used in the recently released Qualified Mortgage rule (QM) be used to define the Qualified Residential Mortgage (QRM).
March 8, 2013
On February 27, Reps. Peter A. DeFazio (D-Ore.) and Jason E. Chaffetz (R-Utah) introduced HR 845 Known as the SHEILD Act. This legislation is intended to reduce litigation by “patent trolls” by making them liable for alleged infringers' court costs and attorneys' fees if their patents are found invalid or not infringed.
March 1, 2013
NAR President Gary Thomas last week testified before the Senate Banking Committee on the importance of FHA in housing markets.
Topics: FHA
March 1, 2013
The March 1 date for implementing across the board federal budget cuts arrived with no action to delay or forestall the cuts.  The automatic reductions will affect most government programs and could result in periodic furloughs of government employees.
Topics: FHA

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