Description
Authorizing a full and comprehensive investigatory public hearing by Council's Committee on Finance on the impact reverse mortgage lending products are having on residents in the City of Philadelphia. Specifically, the public hearings will seek to determine the extent and impact such lending products have on the City's senior citizen homeowners, and the potential intergovernmental remedies that can be developed to protect consumers from any unintentional harms that may result from acquiring this type of lending product.
Read the full Resolution: Signature16004700.pdf
Actions
(No actions taken)
What's your opinion?
Log in to comment on the legislation.
Introduced:
Jan. 21, 2016
Status: IN COMMITTEE
Status: IN COMMITTEE
Sponsors (14)
-
Councilmember Greenlee
-
Councilmember Reynolds Brown
-
Councilmember Taubenberger
-
Council President Clarke
-
Councilmember Blackwell
-
Councilmember Domb
-
Councilmember Johnson
-
Councilmember Gym
-
Councilmember Parker
-
Councilmember Green
-
Councilmember Jones
-
Councilmember Bass
-
Councilmember Oh
-
Councilmember Quiñones Sánchez