04/08/2014
https://www.congress.gov...
"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..."
"And a senior citizen in Kansas, they would have an option of discussing this with somebody at the Area Agency on Aging."
"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?"
"It is critical that the potential tremendous strain that the HECM program has placed on the FHA Insurance Fund is addressed in a very meaningful way."