The House Financial Services Committee, chaired by Representative Patrick McHenry (R-NC), published an Authorization and Oversight Plan this week that provides a sneak peek into the areas that … more House Financial Services Committee Publishes Agenda For Next Two Years
Key Findings From U.S. News and World Report Retirement Survey
A survey of 2,000 adults conducted by U.S. News and World Report asked participants how their retirement-saving plans have been adjusted, how these plans look going forward, and … more Key Findings From U.S. News and World Report Retirement Survey
Tracking State Legislation
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Congressional Committee Rosters
The following committees have jurisdiction over reverse mortgages and the Home Equity Conversion Mortgage (HECM) program. U.S Senate Committee on Banking, Housing, and Urban Affairs Sen. Sherrod Brown … more Congressional Committee Rosters
Study: 67 Percent of Americans Prioritizing Present Needs Over Retirement
Two in three Americans (67 percent) say they are more concerned about paying bills right now than saving for their financial future, according to the 2022 Q4 Quarterly … more Study: 67 Percent of Americans Prioritizing Present Needs Over Retirement
Urban Institute Offers Solutions For Improving HECM Program
The Urban Institute published an op-ed this week that proposes policy changes to the Home Equity Conversion Mortgage program to guarantee its long-term financial stability and to avoid … more Urban Institute Offers Solutions For Improving HECM Program
Protecting Your Clients From Wire Fraud
Email hacking and wire fraud, with the intent to misdirect wired funds, is a growing concern. With the help of our servicer and title company members, NRMLA has … more Protecting Your Clients From Wire Fraud
New HECM Disclosure Proposed In NY Bill
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NRMLA Commenting On Appraisal Reconsideration Proposal
The Federal Housing Administration is seeking public feedback on a proposed policy change that’s intended to strengthen requirements for processing and documenting Reconsideration of Valuation (ROV) requests, especially … more NRMLA Commenting On Appraisal Reconsideration Proposal
FHA Publishes Updates to Housing Policy Handbook 4000.1
The Federal Housing Administration updated its Housing Policy Handbook 4000.1 this week and while most of the changes only impact FHA’s forward mortgage program, there are a few … more FHA Publishes Updates to Housing Policy Handbook 4000.1
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