Representatives Brown and Ricks, co-prime sponsors, introduced and explained House Bill 23-1266 concerning the suspension of the requirement to repay a reverse mortgage in certain unforseeable circumstances that make the home uninhabitable.

The bill sponsors responded to questions from committee members.

Mrs. Christine Jensen, representing Colorado Mortgage Lenders Association, testified to amend the bill.  Mary White, representing themself, testified to amend the bill.  Paul Weissmann, representing themself, testified in support of the bill.  Mr. Bruce Simmons, representing themself, testified to amend the bill.

The witness panel responded to questions from committee members.

The bill sponsors explained amendment L.002 (Attachment E).

The bill sponsors responded to questions from committee members.

The bill sponsors made closing remarks.

Committee members made closing remarks.