Neil Pierson on Muck Rack

Neil Pierson

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Articles

Jim Brodsky on how reverse mortgage companies can avoid AI compliance headaches

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By Neil Pierson
| HousingWire
As reverse mortgage lenders and servicers find innovative ways to incorporate artificial intelligence (AI) into their operations, compliance issues are likely to pop up. Jim Brodsky, a founding member of Washington, D.C.-based law firm Weiner Brodsky Kider PC, says that AI should be categorized as an assistant but not a replacement for humans.
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NRMLA targets lower HECM insurance premiums, fewer second appraisals

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By Neil Pierson
| HousingWire
Leaders at the National Reverse Mortgage Lenders Association offered updates on key regulatory and legislative initiatives at this week’s NRMLA Western Regional Meeting in Irvine, California. NRMLA President Steve Irwin, alongside board co-chairs Jim Cory of Guild Mortgage and Mike Kent of Onity Mortgage, spoke about the trade group’s engagement efforts with Congress.
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Nest Egg Protection Act would raise capital gains tax exclusion for senior home sellers

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By Neil Pierson
| HousingWire
Rep. Nicole Malliotakis (R-N.Y.) has introduced federal legislation that would temporarily raise the capital gains tax exclusion to $1 million for senior homeowners who sell their longtime primary residences. The move aims to ease tax burdens on older Americans and free up inventory for younger homebuyers.
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