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Legislation

Latest Posts

California Reverse Mortgage Bill Passes Assembly, Heads to Senate

Sep 11, 2009By

The California Assembly passed a bill earlier this week, which is meant to provide an additional level of protection to senior citizens considering reverse mortgages.  Passed by a vote of 49-29, SB 660 requires that a checklist be provided to the consumer prior to the mandatory counseling session and states that any person who recommends […]