07/18/2018
https://www.congress.gov...
"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?"
"For generations, Americans have had the impression that homeowner is the financial cornerstone of our society."
"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."
"I may have missed this. Is there a maximum amount that HUD guarantees?"