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EGRPRA Report to Congress

Published Saturday, March 25, 2017
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 more»

DOJ Shifts Support Against CFPB

Published Saturday, March 25, 2017
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 more»

NAR Urges Congress to Support Net Neutrality

Published Saturday, March 25, 2017
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 more»

NAR?s Analysis of the President?s Budget

Published Saturday, March 25, 2017
On Mar. 16, 2017, President Trump released his budget for the 2018 fiscal year, which begins on October 1. Please download below the highlights of the budget proposal that impact real estate. Download Budget Highlights

House Approves Association Health Plan

Published Saturday, March 25, 2017
On Thursday, Mar. 22, 2017, the House of Representatives approved H.R. 1101, the Small Business Health Fairness Act (Johnson; R-TX), by a vote of 236-175. The bill amends title I of the Employee Retirement Income Security Act of 1974 to exempt health care plans sponsored by trade and business associations from most state laws and regulations. The bill would more»

NAR Urges Mnuchin to Protect MID

Published Saturday, March 18, 2017
In a letter dated March 10, 2017, NAR 2017 President William E. Brown urged new Treasury Secretary Steven Mnuchin to protect the current tax benefits of homeownership as the Trump Administration seeks to reform the federal income tax system. Referring to recent media reports where Mnuchin promised to leave “the mortgage interest deduction as more»

President Trump Releases Budget

Published Saturday, March 18, 2017
On Thursday, March 16th, President Trump released the "America First - A Budget Blueprint to Make America Great Again". The budget does not include many details, but is more an outline of President Trump’s spending proposals. House and Senate appropriations committees will review the budget proposals and will develop the final budget more»

Senate Commerce Hearing on Drones

Published Saturday, March 18, 2017
On Wednesday, March 15, the Senate Commerce, Science, & Transportation Committee held the hearing "Unmanned Aircraft Systems: Innovation, Integration, Successes, and Challenges." The hearing focused on the industry growth seen since the FAA released its rule on Small Unmanned Aircraft Systems (UAS), which went into effect in August 2016, as more»
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