Gov't Affairs, Govt - Nation

Government Affairs Update: National

January 11, 2019 NAR Helps Secure FEMA Reversal In a critical win for home sales while the partial shutdown of the federal government is ongoing, the Federal Emergency Management Agency will issue and renew flood insurance policies, reversing a controversial ruling the agency released earlier this week. "FEMA and the Administration deserve credit for hearing our concerns… Continue reading Government Affairs Update: National

Gov't Affairs, Govt - Federal, Govt - Nation, Govt - National Assoc. of Realtors® (NAR)

Governmental Affairs National Update: NAR Participates in BCFP Round Table; FHFA Ends Single Family Rental Program

NATION NAR Participates in BCFP Roundtable Earlier this month, NAR participated in an Industry Roundtable Discussion at the Bureau of Consumer Financial Protection (BCFP) with Acting Director Mick Mulvaney, newly named Deputy Director Brian Johnson, and other high-level Bureau staff. NAR joined other consumer, banking, and lending trade associations in discussing the recent Requests for… Continue reading Governmental Affairs National Update: NAR Participates in BCFP Round Table; FHFA Ends Single Family Rental Program

Gov't Affairs, Govt - Federal, Govt - Nation

National Update: USDA Proposes Tech Fee for Lenders

On July 13, 2018, the US Department of Agriculture (USDA) Rural Housing Service (RHS) put out a notice for comment on a proposed guarantee underwriting user fee to be charged to lenders for use of the RHS automated guaranteed loan system. The fee would be used to improve USDA and RHS technology for the loan… Continue reading National Update: USDA Proposes Tech Fee for Lenders

Gov't Affairs, Govt - Federal, Govt - Nation

National Update: Endangered Species Act Reforms

Members of the Congressional Western Caucus in the House of Representatives unveiled an Endangered Species Act (ESA) modernization package that will provide important reforms to some of the problematic components of the Act. The ESA needs to be modernized in order to better protect species, and to treat property owners, states, and localities as partners… Continue reading National Update: Endangered Species Act Reforms

Gov't Affairs, Govt - Federal, Govt - Nation

National Update: House Passes Flood Insurance Extension

On July 25 The House passed a bill to extend the National Flood Insurance Program through November 30, 366 to 52.  The bill now moves to the Senate; with the actual vote date and time to be determined. None of our associations have met the 20 percent Call For Action participation rate. Please respond to the… Continue reading National Update: House Passes Flood Insurance Extension

Gov't Affairs, Govt - Federal, Govt - Nation

Passes Water Infrastructure Bill

A water infrastructure bill - H.R. 8, the Water Resources Development Act - easily passed the House on Wednesday, June 6, on a 408-2 vote. This legislation, known as WRDA, ensures the viability of the U.S. Army Corps of Engineers' Civil Works programs, including navigation, water resources management, recreation, infrastructure, flood control, mitigation and environmental… Continue reading Passes Water Infrastructure Bill

Gov't Affairs, Govt - Federal, Govt - Nation, Govt - National Assoc. of Realtors® (NAR)

NAR Position on Internet Sales Tax

Last week the Supreme Court announced its holding in South Dakota v. Wayfair, Inc., a case on internet sales tax fairness – and their ruling is a win for NAR's position that states should be able to require online sellers to collect/remit sales tax on purchases.  The Court held that the South Dakota law may stand, and that… Continue reading NAR Position on Internet Sales Tax

Gov't Affairs, Govt - Federal, Govt - Nation, Govt - National Assoc. of Realtors® (NAR)

Respond to the Call For Action

NAR’s advocacy campaign to reauthorize the National Flood Insurance Program is still active. If you haven’t already responded to the Call For Action, please do so now using this link: https://bit.ly/2lBI00j. The NFIP is a very important issue for all REALTORS® -- remember the September 2013 flood? And your local association and CAR need your… Continue reading Respond to the Call For Action

Gov't Affairs, Govt - Nation, Uncategorized

Hearing Held on PHH v. CFPB

On May 24, 2017, the U.S. Court of Appeals for the D.C. Circuit heard oral arguments in the case of PHH Corp. v. CFPB. The court examined whether the Consumer Financial Protection Bureau’s (CFPB) single director structure is unconstitutional and whether the CFPB exceeded their authority when interpreting the Real Estate Settlement Procedures Act (RESPA).… Continue reading Hearing Held on PHH v. CFPB