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
Hearings
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
Senate Banking Committee Confirms Montgomery Nomination
By a vote of 20 to 5, the Senate Banking Committee this week approved the nomination of Brian Montgomery to be the next Deputy HUD Secretary. In addition … more Senate Banking Committee Confirms Montgomery Nomination
FHA Commissioner Shares Achievements and Priorities With Housing Subcommittee
Testifying today before the Housing, Community Development and Insurance Subcommittee in the U.S. House of Representatives, Federal Housing Administration Commissioner Brian Montgomery said FHA has made “tremendous strides” … more FHA Commissioner Shares Achievements and Priorities With Housing Subcommittee
Senate Aging Committee Holds Hearing on Falls Prevention
Last week, the U.S. Senate Special Committee on Aging released a report and held a public hearing on reducing the risk of falls and fall-related injuries. One in … more Senate Aging Committee Holds Hearing on Falls Prevention
Housing Secretary Promotes Reforms to Improve HECM Solvency
Testifying before the House Financial Services Committee this week, Secretary of Housing and Urban Development Dr. Ben Carson said financial volatility within the HECM program remains a constant … more Housing Secretary Promotes Reforms to Improve HECM Solvency
Congressional Hearing Examines HECM and How It Can Be Improved
In the first hearing of its kind in seven years, members of the Subcommittee on Housing, Insurance and Community Development invited industry and consumer stakeholders to discuss the current state … more Congressional Hearing Examines HECM and How It Can Be Improved
GAO: FHA Needs to Improve Monitoring and Oversight of HECM Outcomes and Servicing
The Federal Housing Administration could do a better job evaluating the performance of its reverse mortgage program and overseeing the companies that service loans, according to a General Accountability … more GAO: FHA Needs to Improve Monitoring and Oversight of HECM Outcomes and Servicing