NAR asked Fannie Mae to delay implementation of this new requirement until Freddie Mac, FHA, VA and USDA adopt the same requirement to reduce confusion.
NAR Supports Health Insurance Affordability
In a letter to the Congressional Healthy Future Task Force Affordability Subcommittee, NAR advocated for a return to expanded association health plans (AHPs).
FHFA Responds to NAR’s Request on Delaying New Condo Documentation Requirements
Check out the Federal Housing Finance Agency’s (FHFA) response to NAR’s letter regarding the new condo documentation and reserve requirements.
U.S. Department of Labor OSHA Vaccine Rule Withdrawn
The Occupational Safety and Health Administration (OSHA) withdrew the vaccination and testing emergency temporary standard (ETS) that was issued on November 5, 2021.
Increased Listing Period HUD Homes
The Department of Housing and Urban Development (HUD) is increasing the listing period for sales of HUD real estate owned (REO) homes from 15 days to 30 days.
NAR Letter of Support for Sandra Thompson as Director of FHFA
The Senate Banking Committee held a confirmation hearing for Sandra Thompson as the Director of the Federal Housing Finance Agency (FHFA).
SCOTUS Blocks Vaccine Mandate for Private Businesses
In a 6 to 3 vote, the Supreme Court voted to invalidate the vaccine or testing requirement required to be imposed by large employers.
OSHA Vaccine Mandate Litigation Updates
Check out the latest update on the Occupational Safety and Health Administration’s (OSHA) vaccine mandate and testing requirement for businesses with 100 or more employees.
NAR Meets with Biden’s Task Force on Appraisals
NAR’s Real Property Valuation Committee and leadership from NAR’s Fair Housing Policy Committee participated in a listening session with the Biden Administration’s Interagency Task Force on Property Appraisal and Valuation Equity (PAVE).
NAR Writes to FHFA, Recommends Changes to Recent Condo Rules at Fannie Mae
NAR wrote to FHFA’s Acting Director Sandra Thompson regarding recent changes made by Fannie Mae to its underwriting requirements for condominium project.