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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.

2015 VA Loan Limits Released

December 12, 2014: 

On December 10, 2014, the U.S. Department of Veterans Affairs (VA) released its 2015 Loan Limits.

GSE’s Detail Low Down-Payment Program

December 12, 2014: 

On December 8, 2014, Fannie Mae and Freddie Mac released details on new mortgage product offerings that will provide access to qualified borrowers able to put down at least 3%.

CFPB RESPA Webinar Posted

December 12, 2014: 

On November 18, 2014 the Consumer Financial Protection Bureau (CFPB) and the Federal Reserve held their fourth webinar on changes to the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act (TILA) under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

FHA Flipping Waiver Expires

December 12, 2014: 

On December 10, 2014, the Federal Housing Administration (FHA) announced that it will not extend the temporary waiver of FHA’s regulation that prohibits the use of FHA financing to purchase single family properties that are being resold within 90 days of the previous acquisition.

NAR Letter on UAS Hearing

December 12, 2014: 

The House Committee on Transportation’s Subcommittee on Aviation held a hearing this week on “U.S. Unmanned Aircraft Systems: Integration, Oversight and Competitiveness."

NAR Participates in Lead Paint Regulation Process

December 12, 2014: 

The EPA is in the process of determining if they will move forward with a proposed regulation on how renovation, repair and painting activities may occur in commercial buildings.