Jason A. Frank on Reverse Mortgages and changes to the HECM program (PDF)
A Home Equity Conversion Mortgage (HECM) is a federally insured reverse mortgage guaranteed by the FHA, a part of the U.S. Department of Housing and Urban Development (HUD). Due to substantial stress in the HECM program, the Reverse Mortgage Stabilization Act was signed into law in August 2013. HUD announced critical changes to the HECM program in September 2013 which will help ensure the continued availability of this important program.
Jason A. Frank maintains a private practice in Lutherville, Maryland devoted exclusively to elder law, and focusing in particular on guardianship, Medicaid planning, and advance directives. He is also an Assistant Baltimore County Attorney, serving as general counsel to the Baltimore County Department of Aging through the Baltimore County Office of Law. In this capacity, Mr. Frank's responsibilities include more than 100 guardianship cases, more than ten dozen affiliated nonprofit organizations and senior centers, three adult day care centers, and the Countyride transportation system. Mr. Frank received his B.A. from Connecticut College in 1976 and his J.D. from New York University School of Law in 1979. He has published numerous articles on elder law.
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