By a vote of 66 to 34, the Senate confirmed Marcia Fudge as the next Secretary of Housing and Urban Development, making her the first African-American woman to … more Senate Approves Fudge As Housing Secretary
Legislation
Advocacy Update-NRMLA Testifies Second Time in Maryland
For the second time in two weeks, NRMLA President Steve Irwin testified before the Maryland Assembly in favor of a reverse mortgage bill that would help expand reverse … more Advocacy Update-NRMLA Testifies Second Time in Maryland
NY Amends Servicing Requirements for HECMs
by Weiner Brodsky Kider New York recently enacted Senate Bill 884 (SB 884), which amends the HECM servicing requirements under the newly added section 280-d of the New York Real … more NY Amends Servicing Requirements for HECMs
Congressional Committee Rosters
The following committees have jurisdiction over reverse mortgages and the Home Equity Conversion Mortgage (HECM) program. U.S Senate Committee on Banking, Housing, and Urban Affairs Sen. Sherrod Brown … more Congressional Committee Rosters
NRMLA President Testifies Before Maryland Lawmakers
NRMLA President Steve Irwin testified this week before the Senate Finance Committee in the Maryland General Assembly in favor of a reverse mortgage bill that would help expand … more NRMLA President Testifies Before Maryland Lawmakers
Rep. Stivers Named Ranking Member of Housing Subcommittee
Congressman Steve Stivers (R-OH), who has represented Ohio’s 15th congressional district since 2011, has become the ranking member of the Subcommittee on Housing, Community Development and Insurance in … more Rep. Stivers Named Ranking Member of Housing Subcommittee
Congress 101
To learn more about the legislative process and how a bill becomes law, please download the slide presentation, Congress 101: Understanding the Legislative Process. From this presentation, you’ll learn … more Congress 101
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 117th Congress (2021-2023) by visiting Congress.org.
Rep. Cleaver Named Chairman of Housing Subcommittee
Congressman Emanuel Cleaver, a United Methodist pastor and former mayor of Kansas City who has represented the 5th District of Missouri since 2005, will become the next chairman … more Rep. Cleaver Named Chairman of Housing Subcommittee
How the New Coronavirus Stimulus Package Impacts Seniors
On December 27, President Trump signed the “Consolidated Appropriations Act of 2021” which keeps the federal government running through the end of September 2021, but also includes $900 … more How the New Coronavirus Stimulus Package Impacts Seniors