09/13/2017
https://www.congress.gov...
"So there is no Federal oversight over the mortgage banking industry when it relates--relating to reverse mortgages?"
"They're expensive, they're complicated, and the other looming issue out there, in spite of what you see on television, this is not a government benefit."
"These are appropriate tools in limited circumstances."
"They love this product, the appropriators do, because we're able with CBO scoring to actually create money for us to spend today based on these loans being executed."