The share of reverse mortgage complaints to the CFPB last year accounted for roughly 1.4% of the total number of mortgage complaints submitted to the bureau.
A federal judge dismissed Angelica Parker’s suit against the Alexanders — including Oren’s twin brother Alon — on the grounds that the case was not filed within the time frame set by a New York state law that allows sexual assault survivors to sue their alleged attackers no matter how far back the incident occurred.
HMBS 2.0 could make a big difference for reverse mortgage securities issuers, but a lack of concrete information leaves an implementation timeline unclear.