RPAC Report


2023 RPAC Committee Chair
Debbie DeAngelo
Updates From the NAR Meetings in Washington D.C.
Last month, I attended the NAR Legislative Meetings in Washington D.C. The networking and classes were particularly good, but it was especially remarkable to hear firsthand that while we were there, the Federal Housing Finance Agency (FHFA) canceled a proposed Loan Level Pricing Adjustment (LLPA) change that would have raised the cost of a mortgage on some borrowers. This increase was scheduled to go into effect on August 1st, and NAR had advocated for the FHFA to reverse their decision.
Government leaders in both legislative and administrative offices listen to the concerns of REALTORS® because we speak as one voice, through RPAC. Your continued investment in RPAC is what makes important work like this happen. If you haven't made an investment yet for 2023, click here to do so.
We also have a great in-person opportunity coming up where you can learn more about RPAC. Our annual summer event, the RPAC Poolside Party, will be on July 11th! This year's event will be at GMAR Past President Teri Spiro's home in Bloomfield Hills from 6-9pm.
There will be great food, drinks, live music, and a ton of fun to be had with other leaders in our industry and you can purchase your tickets now.
I look forward to seeing you on July 11th!