lawmakers
CFPB to Congress on Reverse Mortgage Industry
What some feared would be highly critical actually was balanced giving a historical perspective. The CFPB's report to Congress on the Reverse Mortgage Industry. Highly detailed and filled with demographic and market trends, the report...
AB2010 – California mandatory face-to-face counseling
Opposing AB2010 (California) If you originate in California you will want to follow this story. The California Senior Legislature has asked for mandatory face to face reverse mortgage counseling. If passed, it would be a substantial change to the way California originators do business in the future. Here is a
Worth fighting for: Friday’s Food for Thought
[vimeo id=”28431641″ width=”601″ height=”338″] We may feel we are on the ropes, but there are some things worth fighting for as reverse mortgage professionals. Our rights as originators: Fairness in regulation (NMLS renewal) To be included in regulatory discussion To be treated as a professional not a predator by lawmakers
