HECM reforms the focus of Congressional hearing



ePath 100K RM leads

Recent improvements, racial targeting, and some surprising suggestions

Despite the impeachment drama in our nation’s capital, the House Financial Services Committee’s hearing on the HECM was held as scheduled. It shows that some Congress members view of the HECM has evolved and some interesting proposals were put forth from the expert witnesses…

Documents referenced:
“Preventing Foreclosures on Seniors Act of 2019” [DRAFT]
A bill to conform HECM lending limits with FHA area limits

VIDEO REPLAY OF HEARING

1 comment

Despite Scrutiny Some Changes Could Boost HECM Credibility | HECMWorld.com September 30, 2019 at 4:17 pm

[…] HECM reforms the focus of Congressional hearing
 […]

Reply

Leave a Comment

HECMWorld.com uses cookies to improve user-experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Cookies View Policy

Learn More About Fairway
Let's talk about your options.
Tell us a bit about yourself.
By entering your contact information, you are providing express written consent for Fairway Independent Mortgage Corporation to contact you at the email and number you provided via telephone, mobile device, automated means like autodialing, text SMS/MMS and pre-recorded messages, even if you are registered on a corporate, state, or federal Do Not Call list. You are also acknowledging and agreeing to our terms of service and privacy policy. Consent is not required to use our services.
close-link