Bill Title: Reverse mortgage requirement eliminated, counseling by an independent housing agency mandated, lender default regulated, liability imposed on a subsequent purchaser of a reverse mortgage, right of recission provided, and suitability defined.

Spectrum: Partisan Bill (Democrat 17-0)

Status: (Introduced - Dead) 2009-04-16 - House: HF indefinitely postponed [HF528 Detail]

Text: Latest bill text (Engrossed) [PDF]

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