State / Local

Tennessee Governor Bill Lee signed legislation (HB 2382) into law this week authorizing the approval of proprietary reverse mortgages in the state. The law took immediate effect. Why … more TN Governor Signs Bill Paving Way For Prop Products

This week, NRMLA submitted letters of support to the sponsors of Tennessee House Bill 2382 and Senate Bill 2190 that would authorize proprietary reverse mortgages. Why it matters: … more NRMLA and Its TN Members Urge Passage of Reverse Mortgage Bills

NRMLA sent letters to the sponsors of New Jersey Senate Bill 4970 and Assembly Bill 6291 for explicitly exempting reverse mortgage transactions from an existing regulatory requirement that … more NRMLA Submits Letters of Support for NJ Bills

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

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

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

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