Author: www.nar.realtor - Washington Report

NAR sent a letter to the FHA requesting it suspend the anti-flipping rule until 2025 in light of current market dynamics, and pressed the FHA to reduce premiums and/or eliminate the life-of-loan fee.

NAR will be submitting comments on the proposed rule.

The Senate passed the 2022 National Defense Authorization Act (NDAA) which included a provision containing the Promoting Affordable Housing Near Transit Act and now heads to President Biden’s desk for his signature.

In her testimony before Congress, NAR’s President Rouda Smith shared REALTORS®’ concerns about issues preventing greater utilization of VA financing.

NAR submitted a comment letter to the FHFA in response to its request for input on changes to the 2020 enterprise regulatory capital framework (ERCF), or capital rule.

The U.S. Court of Appeals for the Fifth Circuit ordered that OSHA “take no steps to implement or enforce” the vaccine rule for employers “until further court order.”

The Occupational Safety and Health Administration (OSHA) issued a Vaccine Emergency Temporary Standard (ETS) to establish COVID-19 vaccination, vaccination verification and workplace testing requirements for employers with over 100 employees.

NAR submitted its response to the FHFA’s request for input on the Enterprises Equitable Housing Finance plans. Check out NAR’s suggestions.

On October 12, 2021, Rohit Chopra was sworn in as Director of the Consumer Financial Protection Bureau.

By midnight on September 30, 2021, the President and Congress must agree on a Continuing Resolution (CR) to fund the federal government, or we could have a partial shutdown of some government operations.