Town Hall Notes


The NAR Washington Report - October 2023


The NAR Washington Report covers legislative and regulatory policy activities and is compiled by NAR's Advocacy Group policy staff and published here to give you access. To receive this content via email, subscribe to the Edge Up with NAR newsletter

FinCEN Renews and Expands Geographic Targeting Orders (GTOs)

October 25, 2023

By: Christie DeSanctis, Nia Duggins

GTOs impose reporting requirements on U.S. title companies to identify the natural persons behind companies used in non-financed purchased of residential real estate.

NAR Advocates for Worker Classification Clarity

October 25, 2023

By: Christie DeSanctis, Nia Duggins

NAR asked the Department of Labor for clarity and consistency around whether a worker is classified as an employee or an independent contractor.

Final Updated Community Reinvestment Act Rule Adopted

October 24, 2023

By: Ken Fears

The new rules include several changes that were championed by NAR as adopted in NAR’s Community Reinvestment Act (CRA) Modernization policy. The new rules must be adopted by January 1st of 2026.

Administration Announces Updates for Access to Homeownership

October 16, 2023

The White House released a series of announcements aimed at expanding access to homeownership and helping homeowners struggling financially to remain in their homes. 

NAR and Partners Urge Fed to Address Long-term Issues in Mortgage Market

October 13, 2023

NAR joined industry partners in urging the NEC and Treasury along with the Fed and FHFA to address short-term issues that have led to unnecessarily high rates.

NAR and Partners Urge Fed to Stabilize MBS Markets

October 13, 2023

NAR joined industry partners in urging the Federal Reserve to take actions to provide more stability for the mortgage backed securities (MBS) market in order to ease upward pressure on long-term rates.

NAR Submits Letter to FHA on Policy Changes

October 12, 2023

By: Jeremy Green

NAR urges HUD and FHA to consider policy actions that would unlock a portion of inventory for buyers with FHA-insured loans.

NAR Comments on Proposed Lead Regulations

October 5, 2023

By: Russell Riggs

NAR has submitted comments on the EPA's proposed regulations to strengthen requirements for the removal of lead-based paint dust in homes and childcare facilities built before 1978.

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