Tag: regulatory

Supreme Court to Hear Case Challenging Power of Federal Regulators

Filed in Legal by on December 12, 2018 1 Comment
Supreme Court to Hear Case Challenging Power of Federal Regulators

The U.S. Supreme Court on Dec. 10 agreed to hear a case that has widespread implications for how courts handle challenges to all agency regulations. The case, Kisor v. Wilkie, addresses the issue of whether courts should defer to an agency’s interpretation of its own regulations.

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Trump Administration Announces New Proposed WOTUS Rule

Filed in Codes and Regulations, Environmental by on December 11, 2018 0 Comments
Trump Administration Announces New Proposed WOTUS Rule

The Trump administration today released its proposed new definition of the “waters of the United States” (WOTUS) rule that will reduce years of uncertainty over where federal jurisdiction begins and ends. This represents an important victory for our members.

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Regulators Propose Expanding Appraisal Exemption on Home Sales

Filed in Housing Finance by on November 26, 2018 3 Comments
Regulators Propose Expanding Appraisal Exemption on Home Sales

The Federal Deposit Insurance Corp., Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve have issued a proposed rule to raise the threshold from $250,000 to $400,000 on required appraisals for residential real estate transactions.

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Appraisal Proposal Would Increase Threshold for Non-Residential Properties

Filed in Codes and Regulations, Housing Finance by on September 21, 2018 0 Comments
Appraisal Proposal Would Increase Threshold for Non-Residential Properties

The National Credit Union Administration is accepting comments on a proposed rule to amend the agency’s regulation requiring real estate appraisals for certain transactions.

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FHFA Proposes New Rulemaking on Uniform Mortgage-Backed Securities

Filed in Housing Finance by on September 12, 2018 0 Comments
FHFA Proposes New Rulemaking on Uniform Mortgage-Backed Securities

The Federal Housing Finance Agency (FHFA) announced it is issuing a proposed rule to require Fannie Mae and Freddie Mac (the Enterprises) to align programs, policies, and practices that affect the prepayment rates of “To-Be-Announced” (TBA)-eligible mortgage-backed securities (MBS).

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What You Need to Know About the 20% Pass-Through Deduction

Filed in Codes and Regulations, Tax Reform Toolkit by on September 4, 2018 0 Comments
What You Need to Know About the 20% Pass-Through Deduction

The Tax Cuts and Jobs Act signed into law late last year created a new section of the tax code that provides a 20% deduction for “qualified business income” generated by pass-through entities such as LLCs, partnerships and S-corporations. The IRS published proposed regulations to provide clarity to the law and NAHB breaks down what it means.

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NAHB to Weigh In on Updating Community Reinvestment Act Regulations

Filed in Codes and Regulations, Housing Finance by on August 30, 2018 0 Comments
NAHB to Weigh In on Updating Community Reinvestment Act Regulations

The Office of the Comptroller of the Currency has announced it is seeking comments on modernizing Community Reinvestment Act (CRA) regulations and NAHB intends to weigh in.

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Treasury Releases Draft Regulations for 20% Pass Through Entities

Filed in Codes and Regulations by on August 8, 2018 1 Comment
Treasury Releases Draft Regulations for 20% Pass Through Entities

The Treasury Department today released draft regulations for the new 20% pass through entity deduction under the Tax Cuts and Jobs Act of 2017.

The proposed regulations concern the deduction for qualified business income under Section 199A of the Internal Revenue Code.

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Administration Proposes Modernizing Mortgage Lending

Filed in Codes and Regulations by on August 3, 2018 0 Comments
Administration Proposes Modernizing Mortgage Lending

The Treasury Department released a report on July 31 addressing advances in financial market technology and related changes in the delivery of financial services. The report includes recommendations for legislative and regulatory action to streamline and modernize mortgage lending and servicing.

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OMB Calls for Major Overhaul of Federal Programs

Filed in Capitol Hill by on June 21, 2018 0 Comments
OMB Calls for Major Overhaul of Federal Programs

The Office of Management and Budget delivered recommendations today to consolidate Cabinet agencies and to reorganize major federal programs as part of a sweeping overhaul to streamline the government.

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