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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.

President Obama Signs Flood Insurance Bill Into Law

March 21, 2014: 

On March 21, 2014, President Obama signed the “Homeowner Flood Insurance Affordability Act” into law.

MSA Calculations Affect Loan Limits

March 21, 2014: 

On March 19, 2014, President Steve Brown wrote a letter to the Federal Housing Administration (FHA) about the significant drops in loan limits in some areas with revised Metropolitan Statistical Area (MSA) determinations.

NAR Submits Comments On Loan Limits

March 21, 2014: 

On March 20, 2014, NAR President Steve Brown submitted comments on the Federal Housing Finance Agencies (FHFA) request for information on lowering the loan purchase limits for Fannie Mae and Freddie Mac (the Enterprises).

RESPA 3 Day Waiting Period

March 21, 2014: 

The Consumer Financial Protection Bureau (CFPB) listened to NAR in producing the new RESPA/TILA rule.

IRS Seeking Taxpayer Advocacy Panel Members

March 21, 2014: 

The Internal Revenue Service is seeking volunteers to serve on the Taxpayer Advocacy Panel (TAP).

Senate Passes Flood Insurance With House Amendments

March 14, 2014: 

On March 13, 2014, the United States Senate voted to approve the Homeowner Flood Insurance Affordability Act (H.R. 3370).

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