NAR Letter on Fair Value Accounting
Issue Date: February 10, 2014
US HR 1872 - Budget and Accounting Transparency Act of 2014
NAR sent a letter to Chairman Paul Ryan (R-WI) and Ranking Member Chris Van Hollen (D-MD) of the House Budget Committee expressing concerns with HR 1872, the "Budget and Accounting Transparency Act of 2014," which would require all federal loan and guarantee programs to be evaluated using Fair Value Accounting.