NRMLA submitted a letter to the sponsors of Pennsylvania House Bill 1882, which would require the font size on all reverse mortgage contracts and disclosures be no smaller … more Advocacy Update: NRMLA Seeks Revisions to New PA Bill
Federal and State Legislation
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
NRMLA Steps Up PA Advocacy Efforts
A second letter was sent by NRMLA to members of the Pennsylvania legislature — this time to members of the Senate Banking and Insurance Committee — seeking revisions … more NRMLA Steps Up PA Advocacy Efforts
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.
NRMLA Submits Comments On PA Counseling Bill
NRMLA’s letter expresses support for House Bill 1466, but seeks revisions to clarify certain sections of the bill and to align the legislation with multi-state and industrywide standards. … more NRMLA Submits Comments On PA Counseling Bill
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
NRMLA Seeks Revision to WA State Legislation
NRMLA submitted a letter to lawmakers requesting a revision to Senate Bill 5686, so that it more closely matches Washington’s reverse mortgage laws. Dig Deeper: SB 5686 would, … more NRMLA Seeks Revision to WA State Legislation
NRMLA Submits Letter Opposing MD Senate Bill 831
Why it matters: Maryland SB 831, as drafted, requires reverse mortgage lenders to establish escrow accounts so that loan proceeds can be used to pay for property taxes, … more NRMLA Submits Letter Opposing MD Senate Bill 831
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
NRMLA Opposes NY Bill That Would Create New Disclosure
On behalf of its members, NRMLA submitted a letter to the sponsor of New York Senate Bill 2559 (SB 2559), opposing the bill as drafted. Why it matters: … more NRMLA Opposes NY Bill That Would Create New Disclosure
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