Statement by Laurie Goodman on Home Equity Conversion Mortgage Program

Testimony

Statement by Laurie Goodman on Home Equity Conversion Mortgage Program

September 25, 2019

Abstract

HFPC Vice President Laurie Goodman testified before the US House of Representatives’ Financial Services Subcommittee on Housing, Community Development and Insurance during a hearing that reviewed the Federal Housing Administrations’ Home Equity Conversion Mortgage Program. Her testimony explains the value of the HECM program, makes suggestions for how the program can be improved and outlines options for Congress on how to ensure the program reaches full potential.
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