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Reverse Mortgage Lenders to Congress: Loan Cap Presents a Major Issue 

Mar 07, 2013By

A longtime rule limiting the total number of reverse mortgages allowed under law came to the attention of senators last week during testimony presented by the National Reverse Mortgage Lenders Association. In prepared testimony presented to the Senate Banking Committee, NRMLA President and CEO Peter Bell reviewed the history of the “authorization cap” for reverse […]