The Department of Housing and Urban Development is seeking nominations to fill four vacancies on the 12-member Housing Counseling Federal Advisory Committee. New members will represent the mortgage … more HUD Soliciting Candidates For Housing Counseling Federal Advisory Committee
Reference Section
HUD Seeks Industry Feedback on LIBOR Transition
On October 5, 2021, the Department of Housing and Urban Development published an advance notice of proposed rulemaking in the Federal Register (FR), Adjustable Rate Mortgages: Transitioning from … more HUD Seeks Industry Feedback on LIBOR Transition
FHA Provides More Relief for HECM Borrowers
To assist homeowners who are still struggling to meet the requirements of their Home Equity Conversion Mortgage, the Federal Housing Administration is providing up to 12 months of … more FHA Provides More Relief for HECM Borrowers
Senate Advances Chopra Nomination As CFPB Director
By a vote of 50 to 48, the Senate approved the nomination of Rohit Chopra to be director of the Consumer Financial Protection Bureau for a five-year term. … more Senate Advances Chopra Nomination As CFPB Director
HECM Handbook Posted to Drafting Table
The Federal Housing Administration posted the draft Home Equity Conversion Mortgage (HECM) Origination through Servicing sections of its Single Family Housing Policy Handbook 4000.1 (Handbook 4000.1) for stakeholder … more HECM Handbook Posted to Drafting Table
NRMLA Member Appointed to Counseling Advisory Committee
The Department of Housing and Urban Development appointed six new members to its Housing Counseling Federal Advisory Committee, including Carol Ann Dujanovich, Vice President and Director of Operations, … more NRMLA Member Appointed to Counseling Advisory Committee
Study: One-Third of Retirees Can’t Afford LTC
In the second of a three-part series, a new Issue Brief published by the Center for Retirement Research at Boston College concluded that about one-third of retirees do … more Study: One-Third of Retirees Can’t Afford LTC
U.S. Drops in Global Retirement Rankings
The United States slipped one spot to No. 17 among developed nations in the 2021 Global Retirement Index (GRI) released last week by Natixis Investment Managers (Natixis IM). … more U.S. Drops in Global Retirement Rankings
Retirees Could Get Their Biggest Social Security Raise in 40 Years
Social Security recipients are likely to get an annual cost of living adjustment (COLA) of 6 to a 6.1 percent in 2022, according to The Senior Citizens League, … more Retirees Could Get Their Biggest Social Security Raise in 40 Years
Biden Nominates McCargo to Head Ginnie Mae
President Biden nominated Alanna McCargo to be the next president of Ginnie Mae. McCargo currently serves as Senior Advisor for housing finance in the Department of Housing & … more Biden Nominates McCargo to Head Ginnie Mae