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
Federal
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
An Overview of Reverse Mortgage History
NRMLA has created the following infographics that highlight key moments in the history of reverse mortgages and the FHA Home Equity Conversion Mortgage program. Please click on the … more An Overview of Reverse Mortgage History
Waters Introduces COVID-19 Bill That Helps HECM Borrowers
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
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 115th Congress (2019-2020) by visiting Congress.org. To … more Bill Search: Reverse Mortgages
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
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
Dana Wade Nominated to Be Next FHA Commissioner
The White House last week nominated Dana Wade to be the next Assistant Secretary for Housing/Federal Housing Administration Commissioner. If approved by the Senate, Wade would replace Brian … more Dana Wade Nominated to Be Next FHA Commissioner
CFPB Director Discusses 2020 Priorities Before House Lawmakers
Last week, Consumer Financial Protection Bureau Director Kathleen Kraninger testified for 3.5 hours before the House Financial Services Committee on the Bureau’s Fall 2019 Semi-Annual Report and her … more CFPB Director Discusses 2020 Priorities Before House Lawmakers
Senate Aging Committee Shines Spotlight on Social Security Scam
This week, the Senate Special Committee on Aging held a public hearing that examined the Social Security Impersonation Scam that last year cost seniors $38 million. The Committee also released … more Senate Aging Committee Shines Spotlight on Social Security Scam