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.
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.
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State Legislative Tracking Chart
August 20, 2010
Below is a tracking chart showing all legislation introduced so far this year by state legislatures that impacts reverse mortgages.
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