Author: www.nar.realtor - Washington Report

NAR staff attended a House Oversight and Reform Committee hearing on the upcoming decennial census.

NAR led a coalition of more than 35 associations requesting a delay in their review of the qualified residential mortgage rule.

NAR signed onto a coalition letter expressing support for an extension of the Qualified Mortgage (QM) patch and NAR’s support for an new market-wide QM definition.

The Consumer Financial Protection Bureau (CFPB) recently published a policy statement announcing a new category of Bureau guidance, known as “Compliance Aids,” aimed at improving clarity on requirements of existing rules and statutes.

HUD released new guidance on “Assessing a Person’s Request to Have an Animal as a Reasonable Accommodation Under the Fair Housing Act.”

Nearly 70 percent of home sales are financed and a borrower’s credit report and credit score form a critical gateway to obtaining a mortgage. 

NAR recently filed a comment with the Consumer Financial Protection Bureau (CFPB) regarding their Request for Information (RFI) on the TRID (TILA-RESPA) mortgage disclosure rule.

The new rule will allow states to more efficiently manage local waterways while maintaining current environmental protections and encourage economic development.

NAR attended the U.S. Census Bureau’s 2020 Census Advertising and Outreach Campaign press event in D.C. with Bureau Director Steven Dillingham.

The National Association of REALTORS® is backing the Trump administration’s proposal to reform the National Environmental Policy Act.