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
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