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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 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
March 1, 2013
NAR and other industry groups, urged Congressional leaders to update the definition of "rural" in order to retain vital RHS housing programs in more than 900 rural communities.
March 1, 2013
On Monday, February 25th, 2013, the Bipartisan Policy Center (BPC) Housing Commission released a report titled, "Housing America's Future: New Directions for National Policy". This product was the culmination of 16-months of research and study.
 
February 22, 2013
NAR submitted comments on the Ability to Repay/Qualified Mortgage (QM) concurrent proposal seeking guidance on the calculation of fees and points and other matters such as rural mortgage access and non-profit lending.
February 22, 2013
Recently, the news media reported that national flood insurance rates could increase to $30,000 a year.

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