NRMLA backs New Jersey bill clarifying reverse mortgage rules

The National Reverse Mortgage Lenders Association (NRMLA) has voiced formal support for New Jersey Senate Bill 4970 — urging lawmakers to advance legislation that would clarify how reverse mortgages are treated under the state’s secondary mortgage law. In a letter sent to State Sen. Joseph Lagana, t
Read MoreHUD tightens rules for FHA appraiser roster

The Department of Housing and Urban Development (HUD) issued new guidance that clarifies how appraisers are added to, maintained on and removed from the FHA Appraiser Roster. Mortgagee Letter 2025-24 — effective immediately — updates FHA policy to make appraiser eligibility easier to track and more
Read MoreWhy most buyers hire the first agent they talk to

Zillow’s 2025 Consumer Housing Trends Report for Agents shows that more than one-third (36%) of home sellers now find their agents online, a sharp increase from just 15% in 2018. Among buyers, 33% said online research played a significant role in selecting an agent. At the same time, repeat buyers n
Read MoreJudge Valderrama’s ‘roadmap’ for successful antitrust litigation in affordable housing crisis

“The Court accepts as true all of the well-pleaded facts in the Complaint and draws all reasonable inferences in favor of Plaintiffs.” So said U.S. District Judge Franklin Valderrama on 12.4.2025. According to Reuters: “A group of companies that lease land for mobile homes has convinced a federal ju
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