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Reps Introduce Reverse Mortgage Stabilization Bill for More HUD Authority 

May 30, 2013By

In support of a Department of Housing and Urban Development effort to receive more authority over reverse mortgages, a bill was introduced last week by two members of Congress that would work to stabilize the Federal Housing Administration’s Home Equity Conversion Mortgage program. The legislation, H.R. 2167, or the Reverse Mortgage Stabilization Act of 2013, […]