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Committee reports bill requiring 16‑point font for reverse mortgage disclosures and licensing for branch managers

6441499 · October 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

House Bill 1882, which would require 16‑point font for reverse mortgage disclosures and require branch managers to be licensed as mortgage originators, was reported by the Commerce Conference Committee after members flagged drafting inconsistencies.

The Commerce Conference Committee considered House Bill 1882 (printers number 2342) on Oct. 7. Committee staff summarized the proposal as requiring 16‑point font for reverse mortgage disclosures and requiring that branch managers be licensed as mortgage originators.

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