Government Watch

RSS NAR Government Affairs / Political Advocacy

  • Monday Minute – Week of May 22, 2017
    Both the Senate and House are in session this week, but the focus will be in the House where a few issues of importance to REALTORS® will be discussed. The Financial Services Committee has a hearing tentatively scheduled for May 25 on flood insurance. The Science, Space, & Technology Committee will discuss expanding the role […]
  • Internal News Service Special Report
    NAR Reaffirms Support of Project Upstream The NAR Board of Directors voted to continue its support of Upstream, the technology developed to give brokers and agents a better way to manage their listing data and direct its distribution to MLSs, vendors, and third-party listing aggregators.  Spearheaded by the broker-run UpstreamRE LLC, the technology has been […]
  • Is Mortgage-Interest Deduction the Best Way?
    Published in Wall Street Journal Regarding your editorial “Houses of Lobbyists” (May 6): Buying a home isn’t the only way to build a nest egg, but middle-class families can’t get a $200,000 bank loan to invest in stocks. They can, however, get a loan to buy a house. Unfortunately, eviscerating the mortgage-interest deduction (MID) would […]
  • HUD Secretary Carson Highlights Possible Improvements to Homeownership Programs
    HUD Secretary Dr. Ben Carson speaks at the Regulatory Issues Forum at the 2017 REALTORS® Legislative Meetings & Trade Expo in Washington, DC. WASHINGTON (May 16, 2017) — Potential homebuyers have a lot to contend with from tight credit and low inventory to rising prices. But for buyers who are able to muscle past these […]
  • Impact of Tax Reform Options on Owner-Occupied Housing
    The National Association of REALTORS® (NAR) engaged PwC to review the impacts of an illustrative comprehensive tax reform option that would lower and consolidate marginal tax rates to three rates with a top rate of 33 percent, double the standard deduction, eliminate all itemized deductions other than charitable contributions and mortgage interest, eliminate the Alternative […]
  • Flood Insurance, Tax Reform Top Issues as Realtors® Head to Washington
    WASHINGTON (May 16, 2017) – Nearly 9,000 Realtors® and industry guests are descending upon Washington this week to address regulators and members of Congress on key industry issues, including national flood insurance, tax reform and sustainable homeownership. Realtor® members will visit U.S. House and Senate offices to urge Congress to pass a multiyear reauthorization of […]
  • NAR Comments on Appraiser Qualifications
    On May 9, 2017, NAR submitted a comment letter to the Appraiser Qualifications Board (AQB) in response to the Third Exposure Draft concerning proposed changes to the AQB's Real Property Appraiser Qualification Criteria. NAR agreed with the AQB's removal of the degree requirement for licensed residential appraisers, the basic appraiser qualification, and to instead require completion […]
  • First-time Home Buyer Savings Accounts
    NAR supports home buyer savings accounts established at the state level and urges states to adopt such plans. Download (JPG 592KB)
  • Real Estate and the Economy
    Download (PNG: 956 KB) Real estate is the foundation of wealth building for the middle class and a critical link in the flow of goods, services and income for millions of Americans. Accounting for 19 percent of the GDP, real estate is clearly... Read More
  • NAR Directory of Select Federal Departments and Independent Agencies
    Coming Mid* 2017 The 2017 edition of the National Association of REALTORS®’ Directory of Select Federal Departments and Independent Agencies will help REALTORS®: Discover what the responsibilities are of the various federal departments and independent agencies of the United States government;  Learn how these... Read More
  • Monday Minute - Week of May 8, 2017
    The House of Representatives will be on recess this week. The United States Senate will be in session this week and will be focusing on a few issues of importance to REALTORS®. The Banking, Housing, & Urban Affairs Committee will hold a hearing on the status of the housing finance system (Fannie and Freddie) after […]
  • House Passes Health Reform Bill
    On Thursday, May 4, 2017, the House approved H.R. 1638, the American Health Care Act (AHCA) on a vote of 217 – 213. All of the Democratic Representatives and 20 Republicans opposed the bill. The legislation replaces some provisions of the Affordable Care Act. The bill now heads to the Senate for consideration. The outlook […]
  • Join in Celebrating REALTOR® Advocacy This May
    Tax reform, mortgage interest deduction, rent control and tax on services are just a few of the public policy issues that REALTORS® are facing on a national, state and local level. Now more than ever, we need our members engaged in advocacy, educated on our issues and ready to take action at a moment’s notice.
  • Government Affairs Talking Points for your Hill Visits in May
    Review and download the talking points prior to your arrival in DC, to help you deliver NAR's message to your Members of Congress during your Hill visits in May. 
  • Government Affairs Materials for the 2017 REALTORS® Legislative Meetings & Trade Expo
    Download the agendas for your meetings, congressional district reports, register for the Town Hall Webcast and download the talking points prior to your hill visits.

RSS NAR Washington Report

  • NAR Comments on Appraiser Qualifications
    On May 9, 2017, NAR submitted a comment letter to the Appraiser Qualifications Board (AQB) in response to the Third Exposure Draft concerning proposed changes to the AQB's Real Property Appraiser Qualification Criteria. NAR agreed with the AQB's removal of the degree requirement for licensed residential appraisers, the basic appraiser qualification, and to instead require completion […]
  • House Passes Health Reform Bill
    On Thursday, May 4, 2017, the House approved H.R. 1638, the American Health Care Act (AHCA) on a vote of 217 – 213. All of the Democratic Representatives and 20 Republicans opposed the bill. The legislation replaces some provisions of the Affordable Care Act. The bill now heads to the Senate for consideration. The outlook […]
  • Register for the NAR Town Hall Webcast
    On May 10 at 2 PM EDT, NAR will conduct a live Town Hall Meeting for REALTORS® who are planning to attend the 2017 REALTORS® Legislative Meetings & Trade Expo. NAR's Senior Vice President and Chief Lobbyist Jerry Giovaniello will be accompanied by NAR lobbyists highlighting the issues REALTORS® are to present during meetings in […]
  • E-Fairness Bills Introduced
    On Thursday, Apr. 27, both S. 976, "The Marketplace Fairness Act," and H.R. 2193, "The Remote Transactions Parity Act," were introduced in the Senate and House.   S. 976 is cosponsored by Senators Lamar Alexander (R-TN), Mike Enzi (R-WY), Dick Durbin (D-IL), and Heidi Heitkamp (D-ND); H.R. 2193 is cosponsored by Representatives Kristi Noem (R-SD), Steve […]
  • Small Business & Economic Growth Hearing
    On Thursday, Apr. 27, the House Small Business Subcommittee on Economic Growth, Tax and Capital Access held a hearing: “Small Business: The Key to Economic Growth.”  During the hearing, Members and the witness panel discussed the ways that small businesses contribute to the U.S. economy, through the creation of jobs and contributions to the GDP, as well […]
  • VA Reconsiders Limits on Fees
    On April 13, 2017, the Department of Veterans Affairs (VA) released an advanced notice of proposed rulemaking regarding revisions to allowable charges and fees associated with VA guaranteed home loans. In recent years, the VA has received complaints from veterans and other stakeholders, including REALTORS®, that restrictions on the charges and fees VA Loan borrowers […]
  • NAR Publishes Co-Marketing Do's and Don'ts
    NAR has published a list of Do’s and Don’ts for real estate professionals when engaging in co-marketing activities via social media and other web-based marketing tools.  The educational piece is intended to help real estate professionals comply with the Real Estate Settlement Procedures Act (RESPA) when co-marketing. Disclaimer:  This document is provided for informational/instructional purposes […]
  • NAR Testifies on VA Appraisals
    On April 4, 2017, Michelle Bradley, the 2016 NAR Real Property Valuation Committee Chair, testified before the House Committee on Veterans' Affairs – Economic Opportunity Subcommittee at a hearing entitled “Assessing VA Approved Appraisers And How To Improve The Program For The 21st Century.” In the past year, the Department of Veterans Affairs (VA) Home […]
  • Basel III HVCRE regulations
    On Monday, April 3, NAR joined an industry coalition letter thanking Rep. Pittenger (R-NC) for his work drafting a bill to make reforms to the Basel III “High Volatility Commercial Real Estate” (HVCRE) risk-weight requirements for lenders.  Under the HVCRE rule, commercial acquisition, development, and construction (ADC) loans are risk-weighted at 150% - up from […]
  • PACE Reform Bills Introduced
    Bipartisan legislation supported by NAR was introduced in the Senate and House yesterday that would subject Property Assessed Clean Energy (PACE) loans to the same Truth in Lending Act (TILA) consumer protections required of other mortgage products. In the Senate, Senators Tom Cotton (R-AR), Marco Rubio (R-FL), and John Boozman (R-AR) introduced the legislation. The […]
  • NAR Supports Sanford/Sherman G-fee Bill
    On April 4, 2017, NAR sent a letter to the full U.S. House urging support for H.R. 916, the "Risk Management and Homeowner Stability Act." The legislation would amend the Congressional Budget and Impoundment Control Act of 1974 to prohibit the use of Fannie Mae and Freddie Mac’s guarantee fees (g-fees) to pay for government […]
  • Commercial NFIP Priorities
    On Tuesday, April 4, NAR and a coalition of real estate industry groups sent a letter to the House Financial Services Committee outlining priorities for commercial real estate in the upcoming reauthorization of the National Flood Insurance Program (NFIP).  The NFIP is scheduled expire on September 30, 2017 unless Congress extends it. Specifically, the letter […]
  • EGRPRA Report to Congress
    The Federal banking agencies, which make up the Federal Financial Institutions Examination Council (FFIEC), have issued a joint report to Congress detailing their review of rules affecting financial institutions. The review, which included a formal comment period and public hearings, was conducted under the requirements of the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) […]
  • DOJ Shifts Support Against CFPB
    The Department of Justice (DOJ) has filed an amicus brief defending the holding that the unaccountable single-director structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional in the case of PHH Corp. v. CFPB. In reversal of support, the DOJ adopts the U.S. Court of Appeals for the D.C. Circuit’s three-judge panel finding that […]
  • NAR Urges Congress to Support Net Neutrality
    On Mar. 20, NAR sent a letter to the House and Senate Commerce committees reiterating our support for the Federal Communications Commission’s (FCC’s) Open Internet Order implemented in 2015. NAR urged the committees to oppose legislation and regulatory efforts that would threaten network neutrality and rollback important protections put in place by the FCC in 2015. […]

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