Legislative & Regulatory Archive

50 years of Fair Housing Commemorated

NAR’s yearlong commemoration of the 50th Anniversary of the Fair Housing Act is underway.  The legislation, which first passed in 1968, prohibits discrimination based on race, color, religion, sex, handicap, familial status and national origin. For decades, Realtors® have raised...
February 21, 2018

Realtors® win pro-real estate provisions in budget deal

The federal budget deal passed by Congress and now on its way to the President’s desk contains a number of wins for real estate, including a temporary extension of federal flood insurance and extension of several National Association of...

NAR Statement on Federal Government Shutdown

National Association of Realtors® President Elizabeth Mendenhall issued the following statement in response to the shutdown of the federal government: “The government shutdown will have an impact on real estate transactions should it continue for an extended period of time.  The National Association...

NAR Applauds FHA’s “Smart Step” on Energy Efficient Loans

The Department of Housing and Urban Development announced earlier this week that the Federal Housing Administration will no longer insure properties with Property Assessed Clean Energy assessments, winning praise from the National Association of Realtors®. “FHA’s PACE announcement is a smart...

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...