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
Hearings
Trump Officials Advocate Proposed Housing Reforms to Senators
Less than a week after the Trump Administration released its proposed Housing Finance Reform Plan, the chief architects behind the proposals – Treasury Secretary Steve Mnuchin, Housing Secretary … more Trump Officials Advocate Proposed Housing Reforms to Senators
Congressional Hearings Address Retirement Security Challenges
This week, the House Ways and Means Committee and the Senate Special Committee on Aging held public hearings to discuss solutions for improving America’s retirement system. Among the … more Congressional Hearings Address Retirement Security Challenges
Senate Banking Committee Confirms BCFP and Ginnie Mae Nominees
The Senate Banking Committee this week approved the nominations of Kathleen Laura Kraninger to be the next director of the Bureau of Consumer Financial Protection and Michael R. … more Senate Banking Committee Confirms BCFP and Ginnie Mae Nominees
Senate Holds Nomination Hearings for Ginnie Mae and BCFP Candidates
The Senate Banking Committee conducted separate hearings this past week for Kathleen Laura Kraninger and Michael R. Bright, President Donald Trump’s nominees to run the Bureau of Consumer Financial Protection and Ginnie … more Senate Holds Nomination Hearings for Ginnie Mae and BCFP Candidates
HUD Secretary: HECM Has Made “Excellent Progress;” Condo Rule Coming
Testifying before the Financial Services Committee this week, Secretary of Housing and Urban Development Ben Carson expressed support for the Federal Housing Administration and its new commissioner, noted … more HUD Secretary: HECM Has Made “Excellent Progress;” Condo Rule Coming
President Taps Kathleen Kraninger To Lead BCFP
President Trump this week nominated White House budget official Kathy Kraninger to be the new permanent director of the Bureau of Consumer Financial Protection (BCFP). Kraninger would replace … more President Taps Kathleen Kraninger To Lead BCFP
HUD Committed to Helping HECM Borrowers Who Are Facing Default
The Department of Housing and Urban Development remains committed to operating the HECM program on a fiscally sound basis and to providing greater assistance for reverse mortgage borrowers … more HUD Committed to Helping HECM Borrowers Who Are Facing Default
HUD Secretary Carson Testifies Before Senate Appropriators
Testifying before the Senate Appropriations Committee this week, Secretary of Housing and Urban Development Ben Carson shared his Fiscal Year 2019 budgetary goals and priorities for HUD and … more HUD Secretary Carson Testifies Before Senate Appropriators
HUD Secretary Backs Better Forecasting Tools for HECM; Comments on Co-Ops and Recent Reg Changes
Testifying before the House Financial Services Committee this morning, Housing Secretary Ben Carson said he would consider adopting better tools for FHA to assess and manage risk in … more HUD Secretary Backs Better Forecasting Tools for HECM; Comments on Co-Ops and Recent Reg Changes