Rep. Heck Introduces Bill to Authorize Additional HUD Requirements to Help Improve Home Equity Conversion Mortgage Insurance Program

By KAREN NARAG Targeted News Service

WASHINGTON, May 30 -- Rep. Denny Heck, D-Wash., has introduced legislation (H.R. 2167) to "authorize the Secretary of Housing and Urban Development to establish additional requirements to improve the fiscal safety and soundness of the home equity conversion mortgage insurance program."

The bill was introduced on May 23 and was co-sponsored by Rep. Michael G. Fitzpatrick, R-Pa.

The legislation was referred to the House Financial Services Committee.

The full text of the bill is available from the Library of Congress Thomas legislative website. To access the bill, go to http://thomas.loc.gov/home/LegislativeData.php?&n=BillText. For more information about congressional legislation and services offered by Targeted News Service to track issues, key words or members of Congress who introduce or co-sponsor legislation, please contact editor@targetednews.com or call 703/304-1897.

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