NAR Joins Coalition to Preserve Net Neutrality


January, 01, 1970 by: Tags: 0 Comments

NAR has joined a coalition of businesses and public interest groups working to preserve Open Internet rules—also known as network neutrality. NAR together with tech companies like Facebook, Microsoft and Amazon and main street companies like Walmart have joined together to advocate for preserving net neutrality. The coalition will work at the Federal Communications Commission […]

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Monday Minute Week of July 31, 2017


January, 01, 1970 by: Tags: 0 Comments

Both the Senate and House are in session this week and will be focusing on several issues of importance to REALTORS®, including FCC nominations. The Senate Commerce, Science and Transportation Committee will vote on the nominations of Ajit Varadaraj Pai and Brendan Carr  to be a members of the Federal Communications Commission. On Tuesday, the […]

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NAR Submits Statement on Housing Finance Reform


January, 01, 1970 by: Tags: 0 Comments

On June 29, 2017, the U.S. Senate Committee on Banking, Housing & Urban Affairs held its first or several hearings of the year on housing finance reform. The hearing, entitled “Principles of Housing Finance Reform” consisted of three witness panelists from the Mortgage Bankers Association, Housing Policy Counsel of the Financial Services Roundtable, and Center for […]

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Senate Health Reform Fails to Advance


January, 01, 1970 by: Tags: 0 Comments

In an early morning Friday July 28th vote, the Senate Republican leadership’s so-called “skinny” Affordable Care Act (ACA) repeal bill failed to gather the 50 votes required for passage. Senators Susan Collins (R-ME), Lisa Murkowski (R-AK) and John McCain (R-AZ) sided with Democrats in a 49-51 roll call vote. Released a few hours before the vote, the 8-page bill […]

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CFPB Final Rule on CD Sharing Effective Date


January, 01, 1970 by: Tags: 0 Comments

On July 7, 2017, the Consumer Financial Protection Bureau (CFPB) released the final rule amending the “Know Before You Owe” (KBYO or TRID) mortgage disclosure rule. As advocated for by NAR, the final rule clarifies the ability to share the Closing Disclosure (CD) with third parties – a victory for real estate professionals nationwide. As […]

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NAR Comments on GSE Capital Reserves


January, 01, 1970 by: Tags: 0 Comments

On June 27, 2017, NAR submitted letters to the U.S. Federal Housing Finance Agency (FHFA) Director, U.S. Treasury Secretary, members of the U.S. Senate Committee on Banking, Housing & Urban Affairs and U.S. House Committee on Financial Services, expressing concern related to the scheduled elimination of capital reserves held by Fannie Mae and Freddie Mac […]

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NAR Opposes FHA Flood Regulation


January, 01, 1970 by: Tags: 0 Comments

On July 26, 2017, NAR, as part of a broad coalition of housing, lending, insurance and consumer groups, opposed a Federal Housing Administration (FHA) regulation barring lenders from accepting private flood insurance on FHA insured loans, and urged its immediate reversal. On the same day, NAR wrote the full Senate requesting support and co-sponsorship of […]

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FinCEN Issues Money Laundering Real Estate Advisory and Renews GTOs


January, 01, 1970 by: Tags: 0 Comments

The U.S. Department of Treasury’s lead agency in the fight against money laundering, the Financial Crimes Enforcement Network (FinCEN), has released two notices related to money laundering risks associated with real estate transactions. The first is an Advisory to Financial Institutions and Real Estate Firms and Professionals (FIN-2017-A003) to provide information on money laundering risks for real… […]

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House Begins Flood Insurance Markup


January, 01, 1970 by: Tags: 0 Comments

On June 15, 2017, the House Financial Services Committee began consideration of a series of bills to reform and reauthorize the National Flood Insurance Program (NFIP). The Committee is expected to vote on these bills and then combine them into one package for consideration by the full House. On the first day of the mark […]

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EPA Releases Rule to Withdraw WOTUS


January, 01, 1970 by: Tags: 0 Comments

Fulfilling a portion of an executive order by President Donald Trump, the EPA and the U.S. Army Corps of Engineers have released a proposal to rescind the Waters of the United States rule that expanded federal jurisdiction under the Clean Water Act. The proposal published in the Federal Register on Thursday, July 28 would nix the […]

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