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Author: www.nar.realtor - Washington Report

Posted on October 1, 2020

NAR Responds to CFPB’s Proposed Seasoning QM Rule

NAR’s submitted a response to the CFPB regarding its notice of proposed rule making (NPRM) on a Qualified Mortgage (QM) seasoning rule.
Posted on September 30, 2020

SBA To Begin Processing PPP Forgiveness Applications

The U.S. Treasury Department has announced that the SBA will begin processing PPP loan forgiveness applications, following a delay which left many caught in a backlog.
Posted on September 29, 2020

DOL Proposes Independent Contractor Rule

The U.S. Department of Labor (DOL) issued a notice of proposed rulemaking revising its interpretation of independent contractor status under the Fair Labor Standards Act (FLSA).
Posted on September 18, 2020

NAR Joins Coalition Effort to Clarify RESPA Guidance

The Coalition is requesting withdrawal of the of the Compliance Bulletin on Marketing Services Agreements (MSAs) that has caused ongoing regulatory uncertainty the Real Estate Settlement Procedures Act (RESPA).
Posted on September 18, 2020

NAR Meets With White House To Discuss the Eviction Moratorium

NAR President Vince Malta and other NAR leaders met with officials from the White House offices of the Domestic Policy Council and the National Economic Council to discuss the CDC eviction moratorium.
Posted on September 10, 2020

NAR Responds to CFPB’s Proposed Change to QM

NAR sent a letter to the CFPB outlining REALTORS®’ position in response to the CFPB’s proposed replacement to the market-wide QM rule.
Posted on September 4, 2020

NAR Opposes CDC Eviction Order

Effective September 4, 2020, the Centers for Disease Control and Prevention (CDC) ordered a nationwide eviction moratorium through December 31, 2020.
Posted on September 2, 2020

NAR Comments on Proposed Enterprise Capital Rule

NAR submitted a comment letter in response to the FHFA’s notice of proposed rulemaking (NPRM) regarding a proposed enterprise capital rule for Fannie Mae and Freddie Mac.
Posted on August 27, 2020

NAR Comments on CFPB Advisory Opinion Program

NAR submitted a comment to the CFPB providing feedback that would better help businesses seek clarity on regulatory compliance obligations.
Posted on August 26, 2020

Realtor.com® Announces New Flood Risk Tool

Flood Factor™ supports NAR policy to provide accurate flood mapping with full transparency and disclosure.

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