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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05/01/08
LETTER: Use reverse mortgages for clean power

... letting Congressman Frank know that his current reverse mortgage legislation, HR 5758, could include a provision creating a clean energy reverse mortgage.

Source: SouthCoastToday.com, MA
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