The Federal Housing Administration extended the use of exterior-only appraisals through June 30, 2021. Details were published Mortgagee Letter (ML) 2021-06. The same mortgagee letter also continues the … more FHA Extends Exterior-Only Appraisals Through June
Reference Section
NRMLA Comments On LIBOR Transition and H4P Improvements
On behalf of its members, NRMLA submitted comments to the Department of Housing and Urban Development requesting that lenders and servicers be given 180 days to prepare for … more NRMLA Comments On LIBOR Transition and H4P Improvements
COVID-19 Is Not a Retirement Story
A hot topic these days is how COVID-19 and the ensuing recession have affected retirement. The surprising answer may be “not very much,” according to a new issue … more COVID-19 Is Not a Retirement Story
DC Reopens HomeSaver Foreclosure Prevention Program
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
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
FHA Extends COVID-19 Relief Through End of June
HECM borrowers who have been impacted by COVID-19 and are facing foreclosure have been granted an extension through June 30, 2021 to request a six-month delay in having … more FHA Extends COVID-19 Relief Through End of June
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
Academy Releases Model Compliance Language For Retirement Planners
The Academy for Home Equity in Financial Planning at the University of Illinois at Urbana-Champaign released compliance guidance that financial service companies (i.e., broker/dealers) can use to update … more Academy Releases Model Compliance Language For Retirement Planners
Rep. Stivers Named Ranking Member of Housing Subcommittee
Congressman Steve Stivers (R-OH), who has represented Ohio’s 15th congressional district since 2011, has become the ranking member of the Subcommittee on Housing, Community Development and Insurance in … more Rep. Stivers Named Ranking Member of Housing Subcommittee
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