NRMLA President Steve Irwin testified this week before the Senate Finance Committee in the Maryland General Assembly in favor of a reverse mortgage bill that would help expand … more NRMLA President Testifies Before Maryland Lawmakers
Legislation
Rep. Stivers Named Ranking Member of Housing Subcommittee
Congressman Steve Stivers (R-OH), who has represented Ohio’s 15th congressional district since 2011, has become the ranking member of the Subcommittee on Housing, Community Development and Insurance in … more Rep. Stivers Named Ranking Member of Housing Subcommittee
Senate Banking Committee Advances Fudge Nomination
The Senate Banking Committee voted 17 to 7 to confirm Rep. Marcia Fudge as the next Secretary of Housing and Urban Development. The nomination now goes to the … more Senate Banking Committee Advances Fudge Nomination
Bill Search: Reverse Mortgages
NRMLA members can track reverse mortgage legislation introduced by lawmakers in the United States House of Representatives or Senate during the 117th Congress (2021-2023) by visiting Congress.org. To … more Bill Search: Reverse Mortgages
Congressional Oversight
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 Oversight
Rep. Cleaver Named Chairman of Housing Subcommittee
Congressman Emanuel Cleaver, a United Methodist pastor and former mayor of Kansas City who has represented the 5th District of Missouri since 2005, will become the next chairman … more Rep. Cleaver Named Chairman of Housing Subcommittee
How the New Coronavirus Stimulus Package Impacts Seniors
On December 27, President Trump signed the “Consolidated Appropriations Act of 2021” which keeps the federal government running through the end of September 2021, but also includes $900 … more How the New Coronavirus Stimulus Package Impacts Seniors
Tracking State LegislationMembers Only
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Senate Aging Committee Examines Disparate Health Impacts on Minorities
The Senate Aging Committee conducted a hearing recently that examined ways to address COVID-19’s disparate health impacts on older adults in racial and ethnic minority communities. The committee … more Senate Aging Committee Examines Disparate Health Impacts on Minorities
Pandemic Could Reduce 3M Workers’ Social Security Benefits
As a result of the COVID-19 pandemic, about three million retired workers who turn 60 years old in 2020 will very likely have much lower lifetime Social Security … more Pandemic Could Reduce 3M Workers’ Social Security Benefits