Author: www.nar.realtor - Washington Report

After meeting with the FHFA Director, NAR sent a thank you letter outlining its priorities and opportunities for the FHFA to better support the housing market.

NAR submitted a comment on HUD’s interim final rule, Restoring Affirmatively Furthering Fair Housing Definitions and Certifications.

Even though the U.S. Supreme Court agreed the Centers for Disease Control and Prevention (CDC) lacked the authority to implement a nationwide eviction moratorium, the moratorium remains in place until its expiration date on July 31.

Sandra Thompson, the Federal Housing Finance Agency (FHFA) Deputy Director, was named Acting Director on June 23, 2021.

Due to lack of action in Congress, the EB-5 Regional Center Program expired June 30, 2021.

The Supreme Court by a vote of 6-3 ruled unconstitutional a California regulation allowing union organizers to enter farmland for the purpose of uniting workers.

The Centers for Disease Control (CDC) extended its federal eviction moratorium, previously set to expire on June 30, through July 31, 2021.

The Supreme Court held that the single-director structure of the Federal Housing Finance Agency (FHFA) was unconstitutional. As a result of the decision, the Administration has already replaced now former FHFA Director Mark Calabria with Acting Director, Sandra Thompson.

The Department of Housing and Urban Development (HUD) announced changes that more appropriately calculate student loan debt when determining borrower liabilities for Federal Housing Administration (FHA) loans.

NAR met with staff from the Financial Crimes Enforcement Network (FinCEN) to discuss anti-money laundering laws and beneficial ownership regulations.