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Senate Testimony on Reverse Mortgages

Senior Strategic Policy Advisor Lori Trawinski testified for AARP at a June 18th Senate hearing on reverse mortgages.

Her testimony presents a number of recommendations for strengthening the program. The hearing, “Long Term Sustainability for Reverse Mortgages: HECM’s Impact on the Mutual Mortgage Insurance Fund,” was held by the Subcommittee on Housing, Transportation and Community Development of the U.S. Senate Committee on Banking, Housing, and Urban Affairs.

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