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Legislation

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MBA Releases Reverse Mortgage Model Legislation 

Sep 24, 2009By

The Mortgage Bankers Association (MBA) released a copy of its model legislation for reverse mortgages earlier this month at its conference in San Diego, CA.  According to the MBA, it’s meant to define a national standard of consumer protections for reverse mortgage products. The MBA believes that if reverse mortgages uniformly incorporate the principles in […]