Less than a week after the Trump Administration released its proposed Housing Finance Reform Plan, the chief architects behind the proposals – Treasury Secretary Steve Mnuchin, Housing Secretary … more Trump Officials Advocate Proposed Housing Reforms to Senators
Legislation
What Congress Is Doing to Fix America’s Retirement System
Improving retirement security has become a top priority for Congress in 2019, according to various press accounts. Advocates are watching three bills – the SECURE Act, the Butch … more What Congress Is Doing to Fix America’s Retirement System
NRMLA End of State Legislation Calendar Year Update and ReportMembers Only
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New York Legislature Passes Reverse Mortgage LegislationMembers Only
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Tracking State LegislationMembers Only
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CBO Offers Solutions For Improving Financial Health of HECM Program
The Congressional Budget Office (CBO), an agency within the legislative branch that provides budgetary and economic information to Congress, published a report last week that presented four policy … more CBO Offers Solutions For Improving Financial Health of HECM Program
NRMLA Board Member Testifies at Massachusetts House Hearing
George Downey, CRMP, Founder of Harbor Mortgage Solutions, based in Braintree, MA, testified today before the Joint Committee on Financial Services in the state House of Representatives in … more NRMLA Board Member Testifies at Massachusetts House Hearing
House Committee Unanimously Passes Landmark Retirement Legislation
The most comprehensive changes to private retirement plans in more than a decade are gaining momentum in Congress, according to media reports. The House Ways and Means Committee … more House Committee Unanimously Passes Landmark Retirement Legislation
Increased Oversight of HECM Cited in President’s Budget
The Department of Housing and Urban Development’s Office of the Inspector General will expand its oversight of the HECM program, ensuring it does not pose undue risk to … more Increased Oversight of HECM Cited in President’s Budget
Congressional Hearings Address Retirement Security Challenges
This week, the House Ways and Means Committee and the Senate Special Committee on Aging held public hearings to discuss solutions for improving America’s retirement system. Among the … more Congressional Hearings Address Retirement Security Challenges