Robert Menendez actually said...

Some are concerned with vesting too much authority with FHA by granting them the ability to make program changes via Mortgagee Letter in lie...

Let me ask, most of reverse mortgage loans are HECM loans, and the insurance provided by FHA on these loans protects lenders from losses.

So that means that every borrower---- has to first have counseling before they could ever----

Counseling seems to be obviously not only a necessity here in order to qualify but so critically important.