Relevant:
- Changes have reverse mortgage originators holding their collective breath
- CNBC's Diana Olick makes sure no one understands reverse mortgages, I make sure they do - Mandelman Matters
- HECM Reverse Mortgage Counseling
- Wells Fargo to cease originating reverse mortgages
- Proposed guidelines for reverse mortgages spell out potential pitfalls for homeowners
2010-07-22 — housingwire.com
"The guidelines requires originators to be trained in the reverse mortgage business, and encourages originators to suggest sources for free reverse mortgage counseling, and make other suggestions, like having the borrower speak to his or her family, before the loan is made."
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