S. 2490: Reverse Mortgage Proceeds Protection Act
S. 2490: Reverse Mortgage Proceeds Protection Act
A bill in the U.S. Congress: A bill to prohibit authorized lenders of home equity conversion mortgages from requiring seniors to purchase an annuity with the proceeds of a reverse mortgage, and to provide other consumer protections to reverse mortgage borrowers.
Results for bill S. 2490: Reverse Mortgage Proceeds Protection Act
No media matches
- Sponsor: Claire McCaskill
- Introduced: Dec 14, 2007
- Bill Profile on Open Congress
- Bill Funding Profile on MAPLight
Cosponsors
- Cosponsor: Herb Kohl, Thomas Carper
