06/02/2015
https://www.congress.gov...
"Chairman, thank you. How many lenders are in the reverse mortgage business? Is this a wide group of businesses of lenders?"
"Is the only recourse on a reverse mortgage loan the equity in the home?"
"Are those interest rates fixed or variable?"
"they are never going to get away from you. And what you do matters to the success not just of my banks, but the communities that they serve."