H.R.5758 - Reverse Mortgage Proceeds Protection Act

To prohibit authorized lenders of home equity conversion mortgages from requiring seniors to purchase an annuity with the proceeds of a reverse mortgage, and to provide other consumer protections to reverse mortgage borrowers, and for other purposes. view all titles (2)

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  • Official: To prohibit authorized lenders of home equity conversion mortgages from requiring seniors to purchase an annuity with the proceeds of a reverse mortgage, and to provide other consumer protections to reverse mortgage borrowers, and for other purposes. as introduced.
  • Short: Reverse Mortgage Proceeds Protection Act as introduced.

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