New York lawmakers this week passed legislation that would provide additional protections for HECM borrowers who are facing foreclosure. Assembly Bill 5627/Senate Bill 4408 will be sent to … more HECM Foreclosure Bill Advances in NY Legislature
Legislative Analysis and Commentary
Colorado Adopts Retirement Savings Program
Nearly a million Colorado workers who lack a retirement savings plan at work will soon gain that benefit under a bill that Gov. Jared Polis signed into law … more Colorado Adopts Retirement Savings Program
DC Passes Law to Help Delinquent Reverse Mortgage Borrowers
The District of Columbia implemented a new law that extends and slightly expands the existing DC reverse mortgage tax and insurance payment assistance program. The “Reverse Mortgage … more DC Passes Law to Help Delinquent Reverse Mortgage Borrowers
New York DFS Publishes Reverse Mortgage Lending Authority License Guidelines
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New York HECM Approval Announcement
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New York Legislative and Regulatory Update
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Massachusetts Allows Remote Counseling During COVID-19
This evening, Massachusetts Governor Charlie Baker signed a bill (HB4647) into law that allows reverse mortgage applicants to receive the required counseling remotely, by phone or video conference, … more Massachusetts Allows Remote Counseling During COVID-19
Senate Passes $2 Trillion COVID-19 Relief Bill
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
NRMLA Submits Letter to MN Lawmakers
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Member Alert: NY Issues Reverse Mortgage Regulations
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