The Consumer Financial Protection Bureau has created an online resource that provides access to Housing Assistance Fund programs across the country for homeowners who need assistance bringing their … more CFPB Launches Housing Assistance Fund Educational Resource
Reference Section
Member Spotlight: Gail Balettie, Celink
To help foster member engagement, Weekly Report will publish periodic Member Spotlights that feature professionals from across the reverse mortgage ecosystem. In this issue, we present Gail Balettie, … more Member Spotlight: Gail Balettie, Celink
NRMLA Submits Letter to PA Lawmakers
NRMLA sent a letter to 18 lawmakers in Pennsylvania who have co-sponsored legislation (House Bill 2316) that would implement new counseling requirements. While NRMLA is generally supportive of … more NRMLA Submits Letter to PA Lawmakers
Ginnie Mae Publishes LIBOR Index Transition Reference Guide
Ginnie Mae published a LIBOR Index Transition Reference Guide to assist stakeholders in preparing for the transition away from the London Interbank Offered Rate to a replacement index … more Ginnie Mae Publishes LIBOR Index Transition Reference Guide
FHA Clarifies COVID-Relief Options For Borrowers
The Federal Housing Administration published a technical update to Mortgagee Letter 2021-15 that will provide additional time for borrowers economically impacted by the COVID-19 pandemic to seek relief. … more FHA Clarifies COVID-Relief Options For Borrowers
Senate Aging Committee Releases Financial Literacy Resources
The U.S. Senate Special Committee on Aging released a bipartisan report that examines the real-time information and help older Americans and people with disabilities need as they face … more Senate Aging Committee Releases Financial Literacy Resources
OCC Requests Comment on Reverse Mortgage
The Office of the Comptroller of the Currency is soliciting comments concerning the renewal of its information collection titled “Reverse Mortgage Products: Guidance for Managing Compliance and Reputation … more OCC Requests Comment on Reverse Mortgage
NRMLA Submits Comments on Defect Taxonomy and Draft HECM Handbook
NRMLA submitted two sets of comments to the Department of Housing and Urban Development this past week, one that seeks changes to loan level servicing reviews in FHA’s … more NRMLA Submits Comments on Defect Taxonomy and Draft HECM Handbook
HMBS January 2022: New Year Continues Blizzard of New Issuance
HMBS issuers continued their torrid pace to start the New Year. January saw nearly $1.4 billion in new HMBS, setting a record for new original loan pools for … more HMBS January 2022: New Year Continues Blizzard of New Issuance
Federal Study: Millions of Older Americans Can’t Afford Their Prescriptions
A new federal report says that 3.5 million Americans age 65 and older struggled to afford their needed prescription drugs in 2019 and that Medicare beneficiaries of color … more Federal Study: Millions of Older Americans Can’t Afford Their Prescriptions
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