By Jim MIlano, Weiner Brodsky Kider Late in the evening on March 25, 2020, the U.S. Senate passed H.R. 748, known as the Coronavirus Aid, Relief, and Economic … more Senate Passes $2 Trillion COVID-19 Relief Bill
Legislation
NRMLA Submits Letter to MN LawmakersMembers Only
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Member Alert: NY Issues Reverse Mortgage RegulationsMembers Only
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NRMLA Submits Letter to NJ LawmakerMembers Only
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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
President’s FY2021 Budget Forecasts Strong HECM Performance
The White House this week released a Fiscal Year 2021 proposed budget that predicted strong economic numbers for the Home Equity Conversion Mortgage program during the next federal … more President’s FY2021 Budget Forecasts Strong HECM Performance
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
New York Introduces Bill to Fix HECM Marketing Restriction
NRMLA’s State and Local Issues Committee is actively monitoring activity in the state legislatures. Among the bills the committee is closely watching is New York Senate Bill 7184. NRMLA’s … more New York Introduces Bill to Fix HECM Marketing Restriction
In Memoriam: Mike Fitzpatrick, Co-Author of Reverse Mortgage Stabilization Act
Michael Fitzpatrick, a former congressman from suburban Philadelphia who co-sponsored the Reverse Mortgage Stabilization Act of 2013 with then-freshman Congressman Denny Heck (D-WA), passed away this week after … more In Memoriam: Mike Fitzpatrick, Co-Author of Reverse Mortgage Stabilization Act