S2520 — Establishes pre-loan counseling requirements and borrower rights of recission for reverse mortgage loans.

S2520 — Establishes pre-loan counseling requirements and borrower rights of recission for reverse mortgage loans. · Informed CitizenryThis bill establishes new requirements for reverse mortgage loans in New Jersey, specifically regarding pre-loan counseling and borrower rights. Before accepting a final application or assessing fe…Open in Informed Citizenry