NRMLA co-chairs offer industry advocacy update
Reverse mortgage industry leaders offer a look at the advocacy work the trade association has engaged in so far in 2025.
Senate
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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.
Some Social Security recipients were falsely told their benefits had stopped, senators say
SSI beneficiaries were reportedly told, incorrectly, that their benefits had stopped, prompting an inquiry from three Democratic senators.
Pulte says he’s canceled $6.4M in “DEI nonsense” at Fannie and Freddie
Bill Pulte posted multiple times Monday on X about rescinding DEI policies at FHFA, and sounded off on his view of the GSEs.
FOA appoints new board members, including former US senator
The two new board members are expected to assist the reverse mortgage lender’s efforts in marketing and legislative affairs.
Warren blasts CFPB, FHFA nominees as they advance to Senate confirmation votes
Fresh off a marathon confirmation hearing to assess the fitness of four Trump administration appointees, Sen. Elizabeth Warren (D-Mass.) is castigating each of the candidates after reviewing their answers to her questionnaires.
CFPB nominee McKernan commits to protecting older Americans from financial abuse
Jonathan McKernan, the CFPB director-designate, said in his confirmation hearing that he will ensure older Americans are protected from financial exploitation.
NC governor needs $1.4B in block grants for post-Helene recovery. That could be a problem
The governor has requested additional funding from Congress, but the possibility of deep HUD cuts complicates the path ahead.
What will happen to HMBS 2.0 under Trump’s regulatory freeze?
HMBS 2.0 could make a big difference for reverse mortgage securities issuers, but a lack of concrete information leaves an implementation timeline unclear.
Trump’s pick to lead HUD has opposed aid programs for the poor
A ProPublica report examined prior statements and legislative activity by Turner, who dismissed the report as painting a “negative picture.”