Legislation


 NRMLA tracks issues related to reverse mortgages on both the federal and state level. This section contains information on pending legislation, Congress, and the legislative process.


Federal


Overview of Financial Services Reform Bill July 22, 2010

NRMLA's legal counsel, Weiner Brodsky Sidman Kider, produced the following memo on the financial services reform bill recently signed into law by President Obama.


House Appropriations Committee Approves HECM Funding July 21, 2010

NRMLA is pleased to announce that we've been successful in getting over the next hurdle in the appropriations challenge faced by our industry.


Golin Harris, Rasky Baerlein Lead Public Affairs Campaign

NRMLA’s Public Affairs Campaign selection committee has chosen to retain both Golin Harris Public Affairs and Rasky Baerlein Strategic Relations to collaborate on its national public affairs effort focusing on media, education and advocacy.


FHA Commissioner Urges Senate Support for HECM May 17, 2010

Testifying before Senate Appropriators last week, FHA Commissioner David Stevens reiterated his support for HECM and urged lawmakers to pass the Administration’s budget proposal.


FHA Commissioner Urges House Appropriators to Approve HECM Budget Requests April 26, 2010

FHA Commissioner David Stevens urged federal lawmakers last week to adopt critical changes to the HECM program contained in HUD's Fiscal Year 2011 budget, otherwise FHA will be forced to make dramatic cuts to principal limit factors on top of what was implemented last fall.


A Full Fall on the Hill August 26, 2009

For those Congressmen who have had it with the healthcare town meeting circuses at home, we’re ready for you to come back to DC. We’re awaiting some big decisions when the Drama on the Hill autumn act begins.

 

State / Local


State Legislative Tracking Chart July 21, 2010

Below is a tracking chart showing all legislation introduced so far this year by state legislatures that impacts reverse mortgages.


Louisiana Governor Signs Reverse Mortgage Consumer Protection Bill June 22, 2010

Louisiana Governor Bobby Jindal signed a reverse mortgage consumer protection bill into law on June 21, 2010.


All materials copyrighted © 2008 National Reverse Mortgage Lenders Association.