Panel Hearing

U.S. Senator Claire McCaskill (D-MO) held a field hearing in St. Louis on behalf of the Special Committee on Aging to discuss regulations in the reverse mortgage program. The hearing focused primarily on counseling and misleading advertising. National Reverse Mortgage Lending Association (NRMLA) President Peter Bell was invited to testify at the hearing, in addition to Ann Jaedicke, Deputy Comptroller for Compliance Policy, Office of the Comptroller of the Currency; Mathew J. Scire, Director, Financial Markets and Community Investment, Government Accountability Office; Anthony G.Read more

More state and national mortgage news and mortgage press releases:

  1. Senate Banking Committee hearing reveals discord among federal regulators At a Senate Banking Committee hearing this past Tuesday,...
  2. CMSA to testify before Senate panel on securitization issues The Commercial Mortgage Securities Association (CMSA) will testify before the...
  3. ReverseLinks: A round up of links to reverse mortgage articles and reports The U. S. Government Accountability Office (GAO) released a report...
  4. OCC and OTS release Mortgage Metrics Report for first quarter of 2009 Delinquencies and foreclosures on first-lien mortgages continued to increase...
  5. OCC and OTS release Mortgage Metrics Report for Q4 of ’09 Performance on home mortgages serviced by the largest national...

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