Reverse mortgages really need to be handled differently.
But there's very little regulation over proprietary reverse mortgages compared to others.
Because----
So that's something that we need to follow up on.
We're not going to take testimony from the crowd.
But not by mortgage bankers?
HECMs are an increasingly popular way for seniors to access equity in their homes.
If we aren't getting good appraisals, we have fraud. If we aren't getting good counseling, we're going to have people th...
I'm not a dumb person. I'm pretty smart. I've got a law degree.
How about if we just make lock-in rates?
This hearing isn't about saying that every reverse mortgage is bad.