NRMLA has created the following infographics that highlight key moments in the history of reverse mortgages and the FHA Home Equity Conversion Mortgage program. Please click on the … more An Overview of Reverse Mortgage History
Federal
Senate Special Committee on Aging Holds Hearing on AI Scams
The U.S. Senate Special Committee on Aging held a hearing that examined how Artificial Intelligence (AI) can be utilized by scammers. During the hearing, Committee Chairman Bob Casey … more Senate Special Committee on Aging Holds Hearing on AI Scams
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 118th Congress (2023-2025) by visiting Congress.org.
White House Budget Forecasts Strong HECM Performance
The Biden Administration released appendices to its Fiscal Year 2024 proposed budget this week that predicted strong economic numbers for the Home Equity Conversion Mortgage program for the … more White House Budget Forecasts Strong HECM Performance
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
House Financial Services Committee Publishes Agenda For Next Two Years
The House Financial Services Committee, chaired by Representative Patrick McHenry (R-NC), published an Authorization and Oversight Plan this week that provides a sneak peek into the areas that … more House Financial Services Committee Publishes Agenda For Next Two Years
Congressional Committee Rosters
The following committees have jurisdiction over reverse mortgages and the Home Equity Conversion Mortgage (HECM) program. U.S Senate Committee on Banking, Housing, and Urban Affairs Sen. Sherrod Brown … more Congressional Committee Rosters
Retirement Expert Jamie Hopkins Discusses Secure 2.0
On December 30, the Setting Every Community Up for Retirement Enhancement (Secure) 2.0 Act – a bill featuring more than 100 provisions aimed at modernizing and improving the … more Retirement Expert Jamie Hopkins Discusses Secure 2.0
Senate Committee Holds Hearing on Stopping Senior Scams
The U.S. Senate Special Committee on Aging held a hearing recently titled “Stopping Senior Scams: Empowering Communities to Fight Fraud.” Ranking Member Tim Scott (R-SC) and Chairman Bob Casey … more Senate Committee Holds Hearing on Stopping Senior Scams
5 Ways the Inflation Reduction Act Impacts Older Americans
It may take a few years, but Medicare recipients will start paying less for some prescription drugs and out-of-pocket costs for medications will be capped annually at $2,000, … more 5 Ways the Inflation Reduction Act Impacts Older Americans