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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.

December 14, 2012
On Sept. 20, 2012, The Federal Housing Finance Agency (FHFA, the conservator of Fannie Mae and Freddie Mac (the GSEs) proposed adjustments to the Guarantee fees charged by Fannie Mae and Freddie Mac for individual states where the GSEs estimated longer timelines and higher costs for completing foreclosures. 
December 14, 2012
Earlier this year, FHFA released a white paper on the creation of a common secondary market securitization platform to begin GSE reform.
December 14, 2012
On Dec. 17, 2012, FEMA is launching the Online Letter of Map Change (LOMC) - a new way to submit a request to change a property’s flood zone designation.
December 14, 2012
The Consumer Financial Protection Bureau announced its proposed policy to allow companies to test new consumer disclosures on a case-by-case basis.
December 7, 2012
Last week, the Senate Banking Committee held a hearing entitled, "Oversight of FHA:  Examining HUD's Response to Fiscal Challenges".
Topics: FHA