WASHINGTON, Jan. 12 -- Finance of America Reverse LLC (FAR) has submitted a public comment letter to the Federal Housing Administration (FHA) and the Government National Mortgage Association (Ginnie Mae), urging substantial reforms to the Home Equity Conversion Mortgage (HECM) and HECM Mortgage-Backed Securities (HMBS) programs. The company's proposals emphasize modernization and accessibility, addressing the growing retirement security crisis alongside persistent housing affordability challenge  more

WASHINGTON, Jan. 9 -- Sen. Christopher Murphy, D-Connecticut, issued the following news release: * * * Murphy, 13 Senators Call On Appropriations Leadership To Defend Funding For Northeast Corridor Development, Expanded Amtrak Lines Nationwide * WASHINGTON- U.S. Senator Chris Murphy (D-Conn.), a member of the U.S. Senate Appropriations Committee, led 13 of his Democratic Senate colleagues in urging U.S. Senate Appropriations Committee leadership, including the Appropriations Subcommittee on   more

WASHINGTON, Jan. 7 -- The White House Office of Management and Budget issued the following statement of administration policy on the Commerce, Justice, Science; Energy and Water Development; Interior and Environment Appropriations Act, 2026 (H.R. 6938), which was introduced by Rep. Tom Cole, R-Oklahoma: * * * The Administration supports H.R. 6938, which makes appropriations for Commerce, Justice, and Science and Related Agencies, Energy and Water Development and Related Agencies, Interior, Env  more