NAR’s Advocacy Group staff is working on a number of pressing public policy issues affecting the real estate industry and REALTORS®. Highlighted below are a few federal, state, and local issues and the staff experts working on that issue. Additional issues and information can be found in the Political Advocacy section of nar.realtor at www.nar.realtor/political-advocacy and the REALTOR® Party website at www.realtorparty.realtor. Use the staff directory for contact information at the end of the Resource Guide to contact staff.
Mortgage Debt Cancellation Relief
NAR supports legislation to provide a permanent provision for the exclusion from taxation of the phantom income generated when all or a portion of a mortgage on a primary residence is forgiven.