In the January-February issue of Reverse Mortgage magazine, we examine the year ahead. There will soon be a new president occupying the White House, a new Congress sworn in – with Democrats retaining control of the House and Republicans favored to maintain their majority in the Senate – and personnel changes coming to HUD and the CFPB. NRMLA’s legislative team share their insights on how this may all play out for the reverse mortgage industry.
At the same time, NRMLA continues to work with regulators and other stakeholders on a solution to replace LIBOR. It will make for an interesting 2021.