Financial Services Committee Chairwoman Maxine Waters (D-CA) introduced the Emergency Housing Protections and Relief Act (H.R. 7301) this week to protect renters and homeowners, including reverse mortgage borrowers, … more Waters Introduces COVID-19 Bill That Helps HECM Borrowers
Legislation
New York DFS Publishes Reverse Mortgage Lending Authority License GuidelinesMembers Only
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New York HECM Approval AnnouncementMembers Only
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Tracking State LegislationMembers Only
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Senate Holds Confirmation Hearing for FHA Commissioner Nominee
Dana Wade, President Trump’s nominee to be the next Assistant Secretary for Housing/FHA Commissioner, testified at a confirmation hearing this week before the Senate Banking Committee. It was … more Senate Holds Confirmation Hearing for FHA Commissioner Nominee
Breaking News-MA Division of Banks Issues COVID-19 Counseling Guidance
Today, the Massachusetts Division of Banks published guidance on reverse mortgage counseling requirements during the COVID-19 emergency. Massachusetts Governor Charlie Baker signed a bill (HB4647) into law last … more Breaking News-MA Division of Banks Issues COVID-19 Counseling Guidance
New York Legislative and Regulatory UpdateMembers Only
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Massachusetts Allows Remote Counseling During COVID-19
This evening, Massachusetts Governor Charlie Baker signed a bill (HB4647) into law that allows reverse mortgage applicants to receive the required counseling remotely, by phone or video conference, … more Massachusetts Allows Remote Counseling During COVID-19
What Congress Has Done for COVID-19 Relief and What Might be Next
By Howard Bedlin and Marci Phillips | 4.8.2020 Since the COVID-19 pandemic began spreading across the country, Congress has passed three packages of legislation to protect public health … more What Congress Has Done for COVID-19 Relief and What Might be Next
Massachusetts COVID-19 Bill Allows Counseling by Real-Time Video
Lawmakers in Massachusetts are considering a housing security bill (S. 2621) that protects renters and homeowners from eviction and foreclosure during the COVID-19 pandemic, and also permits real-time … more Massachusetts COVID-19 Bill Allows Counseling by Real-Time Video