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Reverse Mortgages

Posted By Halley Hayden read more

CFPB Request for Information on Reverse Mortgages and Report to Congress

Jul
06

On June 28, the Consumer Financial Protection Bureau (CFPB) issued a request for information on reverse mortgages.  The agency also released a report to Congress regarding its research on reverse mortgages, as required by the Dodd-Frank Act.  The CFPB has rulemaking authority to implement federal consumer financial laws, including the Truth in Lending Act

Posted By Sharon Bahr read more
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