H.R.2167 - Reverse Mortgage Stabilization Act of 2013

To authorize the Secretary of Housing and Urban Development to establish additional requirements to improve the fiscal safety and soundness of the home equity conversion mortgage insurance program. view all titles (5)

All Bill Titles

  • Official: To authorize the Secretary of Housing and Urban Development to establish additional requirements to improve the fiscal safety and soundness of the home equity conversion mortgage insurance program. as introduced.
  • Short: Reverse Mortgage Stabilization Act of 2013 as introduced.
  • Short: Reverse Mortgage Stabilization Act of 2013 as passed house.
  • Short: Reverse Mortgage Stabilization Act of 2013 as passed senate.
  • Short: Reverse Mortgage Stabilization Act of 2013 as enacted.

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Introduced
 
House
Passed
 
Senate
Passed
 
President
Signed
 

 
05/23/13
 
06/12/13
 
07/30/13
 
08/09/13
 

Official Summary

(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Reverse Mortgage Stabilization Act of 2013 - Amends the National Housing Act, with respect to mortgage insurance for home equity conversion mortgages (reverse mortgages) of elderly hom

Official Summary

(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Reverse Mortgage Stabilization Act of 2013 - Amends the National Housing Act, with respect to mortgage insurance for home equity conversion mortgages (reverse mortgages) of elderly homeowners, to authorize the Secretary of Housing and Urban Development (HUD) to establish, by notice or mortgagee letter, any additional or alternative requirements determined necessary to improve the fiscal safety and soundness of the reverse mortgage program. Declares that such requirements shall take effect upon issuance.

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