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  • 2017 Appraisal Summit

    On August 2, 2017, the National Association of REALTORS® hosted an Appraisal Summit, focused on the role of Appraisal Management Companies (AMCs) and their effect on the appraisal industry. A variety of stakeholders in the appraisal field, including AMCs, lenders, federal regulatory officials, trade association representatives, and REALTOR® agents and appraisers attended the Summit. NAR Vice President of Government Affairs Kevin Sears led the discussion, which covered topics ranging from how AMCs and lenders handle appraiser independence issues to ways on the ground agents and... Read More

  • NAR Supports SBA Cyber Security Bill

    On Wednesday, August 2, the Senate Small Business Committee marked up and approved by a voice vote of 19-0 S. 1428, the Small Business Cyber Training Act of 2017, sponsored by Senator Risch (R-ID), with cosponsors Senators Shaheen (D-NH), Kennedy (R-LA), Duckworth (D-IL), and Peters (D-MI). This bipartisan bill would require small business development centers that have received grants from the SBA to have staff who are certified in cyber security planning methods, and authorizes the SBA to fund that training.  If passed, it will increase access to cyber security expertise for small... Read More

  • Senate Health Reform Fails to Advance

    In an early morning Friday July 28th vote, the Senate Republican leadership’s so-called “skinny” Affordable Care Act (ACA) repeal bill failed to gather the 50 votes required for passage. Senators Susan Collins (R-ME), Lisa Murkowski (R-AK) and John McCain (R-AZ) sided with Democrats in a 49-51 roll call vote.

    Released a few hours before the vote, the 8-page bill would have repealed the ACA’s individual mandate, suspended the employer mandate for 8 years, repealed an ACA tax on medical devices, increased contribution... Read More

  • NAR Opposes FHA Flood Regulation

    On July 26, 2017, NAR, as part of a broad coalition of housing, lending, insurance and consumer groups, opposed a Federal Housing Administration (FHA) regulation barring lenders from accepting private flood insurance on FHA insured loans, and urged its immediate reversal.

    On the same day, NAR wrote the full Senate requesting support and co-sponsorship of S. 563, “The Flood Insurance Market Parity & Modernization Act” (Heller [R-NV]; Tester [D-MT]). The bill would remove additional barriers to the private market, which increasingly, is offering better coverage at... Read More

  • EPA Releases Rule to Withdraw WOTUS

    Fulfilling a portion of an executive order by President Donald Trump, the EPA and the U.S. Army Corps of Engineers have released a proposal to rescind the Waters of the United States rule that expanded federal jurisdiction under the Clean Water Act.

    The proposal published in the Federal Register on Thursday, July 28 would nix the 2015 WOTUS rule and reinstate the definition of the streams and wetlands subject to... Read More

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