Finance, Economy & Government Issues

NAR Comments on Treasury's Proposed Regulation

September 5, 2024

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The Committee for Foreign Investment in the United States’ (CFIUS’s) proposed rule would modify the definition of military installation and the list of military installations in the regulations pertaining to certain transactions by foreign persons involving real estate in the United States. 

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FinCEN Issues New Anti-Money Laundering Rule for Real Estate

September 4, 2024

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The final rule requires certain real estate professionals to report information for non-financed residential real estate transactions, and transfers of real estate to trusts or legal entities.

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NAR Submits Comments on Fannie Mae and Freddie Mac's Duty to Serve Plans

August 29, 2024

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The proposed plans align closely with NAR policy, and we thank the Federal Housing Finance Agency (FHFA) and Fannie Mae and Freddie Mac (the GSEs) for continuing to explore and execute plans to help underserved markets.

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Biden-Harris Administration Announces Actions to Increase Affordable Housing Supply

August 13, 2024

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Today’s actions included an additional $100 million in grant funding to assist state and local governments with identifying and overcoming barriers to housing development.

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CFPB Weighs in on Contract-For-Deed Arrangements

August 13, 2024

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The Consumer Financial Protection Bureau (CFPB) issued an advisory opinion and research on contract-for-deed financing arrangements. Learn more.

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NAR Comments on The Appraisal Foundation Education Concept Paper

July 31, 2024

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NAR suggests using existing data on appraisers with and without college degrees to quantify whether a college education is a meaningful requirement.

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HUD Ends Investigation of the Appraisal Foundation With Agreement

July 25, 2024

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The Department of Housing and Urban Development (HUD) announced a Conciliation Agreement with The Appraisal Foundation (TAF). TAF is the private organization that sets qualifications and standards for the appraisal profession.

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NAR Opposes Rent Cap Proposal

July 23, 2024

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The administration's proposal—which requires congressional action—would take away the accelerated depreciation tax provision from housing providers with 50 or more units who raise rents by more than 5% per year.

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HUD Charges Appraiser, AMC, and Lender With Discrimination

July 23, 2024

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HUD alleges that the appraiser prepared an insupportably low appraisal of a duplex owned by a Black woman in a predominantly White area.

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