The trade association, in a letter to CFPB released late Thursday, urges focus on problem lenders without sweeping new regulations. Comment deadline is Friday.
Should CUs join a retreat from reverse mortgages or continue offering the loans aimed at seniors?
This article will be among the news, features, analysis and insight filling the pages of the next print edition of Credit Union Times.
Citing changed economic times, Wells Fargo has announced that it will stop originating reverse mortgages, a product that some credit unions originate.