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Hearing Entitled: Protecting Seniors: A Review of the FHA’s Home Equity Conversion Mortgage (HECM) Program

Wednesday, September 25, 2019 | 02:00 | 2128 RHOB

Click here for the LIVE WEBCAST of this hearing.

Click here for the Committee Memorandum.

Legislation

  • H.R. ____, To conform the maximum loan limit for reverse mortgages insured by the FHA to be consistent with the area maximum loan limits for FHA-insured mortgages, and for other purposes. [DRAFT]

  • H.R. ____, the "Preventing Foreclosures on Seniors Act of 2019."[DRAFT]

Witness List

  • Sarah Bolling Mancini, Staff Attorney, National Consumer Law Center

  • Alicia Puente Cackley, Director, Financial Markets and Community Investment, Government Accountability Office (GAO)

  • Peter H. Bell, President & Chief Executive Officer, National Reverse Mortgage Lenders Association (NRMLA)

  • Laurie Goodman, Vice President, Housing Financial Policy, Urban Institut
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