House passes bill to give VA borrowers a partial mortgage claim option
The House passed a bill by voice vote, with begrudging bipartisan support, that offers veterans a partial claim option for VA home loans.
Legislation
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MBA and NHC express support for housing provisions in GOP tax bill
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.
House to hold key session on trigger leads bill in May
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.
Congressman touts bipartisan long-term care bill at DC event
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.
Washington Legislature requests study of home equity investment products
The Washington Legislature wants to know more about home equity investments and has commissioned a formal academic study.
House introduces bill to reduce mortgage insurance premiums
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.
These are the housing bills now in front of Congress
Bipartisan members of Congress have taken action to bring multiple housing-related bills to their chambers this week.
Alabama law: Buyers don’t have to sign contract before home tours
The bill was backed by Alabama Realtors
Build, baby, build: How the US can start fixing its housing supply crisis
The U.S. is short millions of homes. Policymakers, builders, lenders and others shared potential solutions at the Housing Supply Summit.
NRMLA supports Hawaii bill seeking state-run reverse mortgage program
The reverse mortgage trade association said it supports a bill to set up a state-run HECM program, but it also requested some changes.