The Department of Housing and Urban Development announced a 90-day extension of its foreclosure moratorium on FHA-insured mortgages, including HECMs, for areas of Los Angeles County devastated by … more HUD Extends Foreclosure Relief to CA Homeowners
Industry News & Reference
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
Tracking State Legislation
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House Prices Increase Year-Over-Year
U.S. house prices rose 4.5 percent between the fourth quarters of 2023 and 2024, according to the Federal Housing Finance Agency (FHFA) House Price Index, and 1.4 percent … more House Prices Increase Year-Over-Year
FHA Issues Waivers of Construction Flood Elevation Requirements
The Federal Housing Administration announced in FHA Info 2025-10 that it was issuing a temporary partial regulatory waiver and related Single Family Housing Policy Handbook 4000.1 (Handbook 4000.1) … more FHA Issues Waivers of Construction Flood Elevation Requirements
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
Thirty-One Percent of Retirees Would Consider Home Equity to Pay for LTC
As they age, retirees increasingly face the prospect of a large healthcare spending shock for medical issues or long-term care either because their health insurance involves significant cost sharing … more Thirty-One Percent of Retirees Would Consider Home Equity to Pay for LTC
NRMLA Coordinates Oregon Letter-Writing Campaign
Last week, NRMLA encouraged members in Oregon to communicate with their state senators to express concerns about Senate Bill 534 and the impact it may have on the continued … more NRMLA Coordinates Oregon Letter-Writing Campaign
States With the Most Home Equity and Retirement Savings
Nearly 60 percent of U.S. households have a net worth of $100,000 or more after accounting for debts, with 29.2 percent having a net worth of $500,000 or … more States With the Most Home Equity and Retirement Savings
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