In order to avoid this problem, could HUD require lenders to set up an escrow account where, as with forward mortgages, property taxes, and insurance are paid out of that account and then added to the mortgage balance?
Senator Collins suggests requiring escrow accounts for property taxes and insurance on reverse mortgages.
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I was pleased that the bill prevents the OMB from implementing its proposed rule, which would politicize grants and harm small, rural communities, families, and biomedical research.
It appears that there is good faith on the Democratic side to try to pass the CR and avoid a government shutdown, which is always a disaster.
I took particular issue with the provision that would allow political appointees to review grant proposals, noting that it would undermine the goal of awarding funds 'based on scientific merit and value, rather than political ideology.'
This incident shows how imperative it is that we have a mandate for body-worn cameras.
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