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Legislation

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What’s in Trump’s ‘Big Beautiful Bill’ for seniors?

July 1, 2025 by bp56691
The 1,116-page Senate bill contains some key changes for older Americans, including a bonus tax deduction. But it also cuts Medicaid.
Categories Congress, House of Representatives, HWmember, Legislation, Low-Income Housing Tax Credit, Reverse, Senate, Tax, Trump Administration

Philadelphia lawmakers advance ordinance to speed affordable housing construction

May 29, 2025 by bp56691
City leaders are making new legislative efforts to bolster and preserve affordable housing stock, in alignment with the mayor’s goals.
Categories Affordable Housing, Housing Market, HWmember, Legislation, Pennsylvania, Philadelphia

Federal lands amendment draws bipartisan rebuke

May 20, 2025 by bp56691
Federal lands amendment draws bipartisan rebuke
As Republicans line up behind a plan to sell federal lands for housing, one Republican representative is signaling his opposition.
Categories Congress, House of Representatives, Housing Market, HUD, HWmember, Legislation, Montana, Nevada, Utah

House passes bill to give VA borrowers a partial mortgage claim option

May 19, 2025 by bp56691
The House passed a bill by voice vote, with begrudging bipartisan support, that offers veterans a partial claim option for VA home loans.
Categories Department of Veterans Affairs, House of Representatives, HWmember, Legislation, Mortgage, Mortgage Servicing, PennyMac, Politics, Servicing, VA Loan, Veterans

MBA and NHC express support for housing provisions in GOP tax bill

May 14, 2025 by bp56691
MBA and NHC found much to support in the draft of the GOP tax bill, but they also noted areas for improvement as the debate continues.
Categories Congress, House of Representatives, Housing Market, HWmember, Legislation, Mortgage Bankers Association, National Housing Conference, Tax, Tax Cuts and Jobs Act

House to hold key session on trigger leads bill in May

April 29, 2025 by bp56691
The Homebuyers Privacy Protection Act is expected to be considered during a markup session on May 20 — a process that determines whether a bill should be recommended for a full House vote and in what form.
Categories House of Representatives, HWmember, Lead Generation, Legislation, LendingLife, Mortgage, Mortgage Bankers Association, U.S. Senate

Congressman touts bipartisan long-term care bill at DC event

April 23, 2025 by bp56691
Last month, Rep. Tom Suozzi (D-N.Y.) reintroduced the Well-Being Insurance for Seniors to be at Home (WISH) Act, which would amend Social Security to provide long-term care benefits for program participants.
Categories Aging in Place, Genworth Financial, House of Representatives, HWmember, Legislation, Long-term care, Michigan, National Council on Aging, New York, Reverse, Washington, D.C.

Washington Legislature requests study of home equity investment products

April 21, 2025 by bp56691
The Washington Legislature wants to know more about home equity investments and has commissioned a formal academic study.
Categories Home Equity, HWmember, Lawsuit, Legislation, Mortgage, Reverse, Washington

House introduces bill to reduce mortgage insurance premiums

April 14, 2025 by bp56691
Trade groups like the Mortgage Bankers Association (MBA) may be getting at least some of the relief they’ve been advocating for when it comes to mortgage insurance premiums.
Categories House of Representatives, HWmember, Legislation, Mortgage, Mortgage Bankers Association, Mortgage Insurance

These are the housing bills now in front of Congress

April 10, 2025 by bp56691
Bipartisan members of Congress have taken action to bring multiple housing-related bills to their chambers this week.
Categories Affordable Housing, Congress, House of Representatives, Housing Inventory, HWmember, Legislation, Mortgage, Politics, Senate
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