Legislative & Regulatory Archive

Steve Schmidt Decries Political Environment as Tax Reform Looms

To hear political expert Steve Schmidt tell it, America’s political system is more broken than ever. Schmidt told a packed room at the REALTORS® Conference & Expo in Chicago that “our political system today precludes the ability to get...

With Congress Back from Recess, Realtors® Call for Action on Flood Insurance

In less than one month, authorization for the National Flood Insurance Program Expires. The National Association of Realtors® is raising alarm bells about the potential effect on homeowners, consumers, and commercial property owners, with a note to Congress that...
September 5, 2017

NAR Leads Coalition to Confirm Pam Patenaude as Dept. HUD Secretary

It’s been four months since the White House announced Pam Patenaude as their selection for Deputy Secretary at the Department of Housing and Urban Development, but with her nomination still pending before the U.S. Senate, a diverse group of...
September 5, 2017

In Two Months, the National Flood Insurance Program Expires

As the House and Senate continue their work to reauthorize the National Flood Insurance Program, the countdown to the program’s expiration continues as well. On September 30, the Federal Emergency Management Administration loses its authorization to write new flood...

Net Neutrality Action Puts Real Estate Technology in Focus

In 1981, 22 percent of home buyers relied on advertisements in the newspaper to find their dream home, while 8 percent turned to a friend for word-of-mouth information. Since then, lots has changed. According to recent survey data from...

CFPB ‘Know Before You Owe’ Announcement May Offer Relief for Agents on Disclosure Sharing

In an update to the “Know Before You Owe” mortgage rule, the Consumer Financial Protection Bureau stated clearly that it is “usual, accepted, and appropriate” for real estate agents and brokers to have access to the Closing Disclosure. The...

What to Do When Wire Scammers Strike

Consumers have a lot to think about when they’re buying a home, including wiring large sums of money, and protecting themselves from fraudsters might be the last thing on their mind. The National Association of Realtors® and the Federal...

Electronic Closings a “Business Imperative,” but Hurdles Remain Before They’re Widespread

Realtors® know first-hand that real estate closings are a complex process that’s often slow and confusing for their clients. Consumers want simplicity and transparency, and Realtors® say electronic closings have the potential to deliver on that demand, but widespread...

Fannie Mae Policy Changes to Aid Millennial Homebuyers

Millennials locked out of their homeownership dreams by high debt-to-income ratios and student loan debt will soon have reason to take another look at purchasing, thanks to a number of policy changes at Fannie Mae. First, Fannie Mae recently...

VIDEO: Realtor® Treasurer on Capitol Hill to Support HUD Nominee

When Pam Patenaude’s nomination for deputy secretary at the Department of Housing and Urban Development was announced in late May, Realtors® offered swift support. “Pam’s extensive and strong background in real estate and housing will be an asset, and...