Jerry Moran actually said...

"What is the average amount of the amount advanced--what is the average amount advanced under a reverse mortgage? What kind of dollars are we talking about?"

"We need to make certain that not only is home ownership possible for millions of Americans but that the value and equity in that home can be accessed without tremendous exposure on the part of the Ame..."

"I may have missed this. Is there a maximum amount that HUD guarantees?"

"What are the underwriting standards? Why is a loan made to someone who is unable or unwilling to pay for their insurance on their home or taxes?"