To support its residents during the COVID-19 pandemic, the District of Columbia Housing Finance Agency has reopened its HomeSaver foreclosure prevention program. Through the U.S. Department of the … more DC Reopens HomeSaver Foreclosure Prevention Program
Industry News & Reference
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
How All 50 States Tax Retirees
Kiplinger rated every state, plus Washington, DC, on how retirees are taxed. Researchers considered taxes on Social Security and other retirement income, tax exemptions for older residents, and … more How All 50 States Tax Retirees
Student Debt Hindering Millennial Wealth Accumulation
While Millennials are looking more like previous cohorts in terms of labor-market experience, marriage, and homeownership, they continue to lag in preparing for retirement, according to new research … more Student Debt Hindering Millennial Wealth Accumulation
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.
HMBS January 2021: LIBOR Hangover After Wild New Year’s Eve Party
HMBS issuance totaled $949 million in January 2021, as issuers began to wrap up securitization of new LIBOR-indexed HECM loans. January 2021 is the next-to-last month in which … more HMBS January 2021: LIBOR Hangover After Wild New Year’s Eve Party
Global Equity Release Market Forecast to More Than Treble By 2031
The European Pensions and Property Asset Release Group (EPPARG) and EY published the Global Equity Release Roundtable 2020 survey report, which predicts the global equity release market could … more Global Equity Release Market Forecast to More Than Treble By 2031
NRMLA Supports Use of Private Flood Insurance
NRMLA submitted comments to the Department of Housing and Urban Development in support of a proposed amendment to Federal Housing Administration regulations that would allow lenders to accept … more NRMLA Supports Use of Private Flood Insurance
Retirement Preparedness Index Worsens Under COVID
In light of the economic challenges of 2020, the Center for Retirement Research at Boston College revised upward its National Retirement Risk Index and announced that 51 percent … more Retirement Preparedness Index Worsens Under COVID