The Senate Budget Committee held a hearing this week on the future of Social Security, focusing on the program’s projected depletion and the need for legislative action to … more Senate Budget Committee Holds Social Security Hearing
Federal
Highlights From FHA’s Annual Report to Congress
For a fifth consecutive year, the Home Equity Conversion Mortgage portfolio had a positive economic value. That’s according to the Department of Housing and Urban Development’s 2025 Annual Report … more Highlights From FHA’s Annual Report to Congress
Senate Confirms Gormley, Cassidy Nominations
The Senate has just confirmed Joe Gormley (pictured left) as President of Ginnie Mae and Frank Cassidy as Assistant Secretary for Housing/Federal Housing Commissioner. “We applaud the Senate … more Senate Confirms Gormley, Cassidy Nominations
HUD RIFs Reversed
President Trump signed into law a Continuing Resolution late Wednesday that funds most federal agencies, including the Department of Housing and Urban Development, through January 30, 2026. Why … more HUD RIFs Reversed
NRMLA Asks Lawmakers to Address HUD Firings
NRMLA submitted letters to the leadership of the Senate Banking Committee and House Financial Services Committee to seek their assistance with the recent Reduction in Force (RIF) involving … more NRMLA Asks Lawmakers to Address HUD Firings
Trigger Leads Bill Headed to President’s Desk
On Saturday, August 2, the Senate passed H.R. 2808, the Homebuyers Privacy Protection Act, which will put an end to the sale of trigger leads. What’s next: The … more Trigger Leads Bill Headed to President’s Desk
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 118th Congress (2023-2025) by visiting Congress.org.
White House Budget Forecasts Strong HECM Performance
The Trump Administration released appendices to its Fiscal Year 2026 proposed budget (page 479) this week that predicted strong economic numbers for the Home Equity Conversion Mortgage program … more White House Budget Forecasts Strong HECM Performance
CFPB Director Nominee Testifies Before Senate Committee
The Senate Banking Committee heard testimony from Jonathan McKernan, President Trump’s nominee to head the Consumer Financial Protection Bureau. The hearing also featured Dr. Stephen Miran, nominee to … more CFPB Director Nominee Testifies Before Senate Committee
Congress 101
To learn more about the legislative process and how a bill becomes law, please download the slide presentation, Congress 101: Understanding the Legislative Process. From this presentation, you’ll learn … more Congress 101
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