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Legislation
New York Legislature Passes Reverse Mortgage LegislationMembers Only
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Tracking State LegislationMembers Only
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CBO Offers Solutions For Improving Financial Health of HECM Program
The Congressional Budget Office (CBO), an agency within the legislative branch that provides budgetary and economic information to Congress, published a report last week that presented four policy … more CBO Offers Solutions For Improving Financial Health of HECM Program
NRMLA Board Member Testifies at Massachusetts House Hearing
George Downey, CRMP, Founder of Harbor Mortgage Solutions, based in Braintree, MA, testified today before the Joint Committee on Financial Services in the state House of Representatives in … more NRMLA Board Member Testifies at Massachusetts House Hearing
House Committee Unanimously Passes Landmark Retirement Legislation
The most comprehensive changes to private retirement plans in more than a decade are gaining momentum in Congress, according to media reports. The House Ways and Means Committee … more House Committee Unanimously Passes Landmark Retirement Legislation
Increased Oversight of HECM Cited in President’s Budget
The Department of Housing and Urban Development’s Office of the Inspector General will expand its oversight of the HECM program, ensuring it does not pose undue risk to … more Increased Oversight of HECM Cited in President’s Budget
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
NRMLA Meets NY Policymakers to Discuss Reverse Mortgages and Co-Ops
Executive Vice President Steve Irwin and NRMLA’s outside counsel Jim Milano traveled to Albany, NY this week to meet with assembly members and their staffs and stakeholders from … more NRMLA Meets NY Policymakers to Discuss Reverse Mortgages and Co-Ops
Senate Confirms Kathleen Kraninger As BCFP Director
By a vote of 50 to 49, the Senate this week confirmed Kathleen Kraninger as the next director of the Bureau of Consumer Financial Protection. Kraninger replaces Mick … more Senate Confirms Kathleen Kraninger As BCFP Director