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Legislation

Latest Posts

Florida Senator Introduces Reverse Mortgage Bill 

Feb 23, 2010By

Florida Senator Mike Fasano recently introduced Senate Bill 1532 to provide specific requirements for reverse mortgage loans.  According to the bill analysis, the provisions proposed would impact proprietary reverse mortgage programs not following the HECM provisions (e.g., disclosure and counseling).  Fasano told Tampa Bay Online "My primary concern is that not one senior citizen be […]