Congressman Takano’s Report: Feds Need to Take Action on Reverse Mortgages

Riverside Congressman Mark Takano finds that the federal government needs to take action against the reverse mortgage industry. A report just released by Takano’s office stated that reverse mortgages are bad for seniors, that lenders are exploiting seniors, and this is not good for the federal government.

RCFE Reform Act of 2014 Bills to Be Heard Next Week

Sacramento––California legislators will present their RCFE Reform Act bills at policy hearings of the Senate Human Services and Assembly Human Services Committees on Tuesday, April 8, 2014.The bills, all part of the RCFE Reform Act of 2014, were introduced in response to the scandal at Valley Springs Manor in Castro Valley, where 19 elderly residents were abandoned by the care home owner/licensee, and the scathing investigative reports about the failures in oversight and enforcement regarding California’s Residential Care Facilities for the Elderly.The bills being heard include increasing fines from the current maximum of $150, establishing an on-line consumer information system, increasing inspections of these facilities to once a year rather than once every five years, bans on admissions for those facilities posing a danger to residents, timely response to consumer complaints, enhanced staffing and increased training for facility staff, expediting closures of poor facilities and increased protections for relocation of residents, increasing the rights for residents and family members and mandating liability insurance.

FOR IMMEDIATE RELEASE:

RCFE Reform Act of 2014 Bills to Be Heard Next Week Contact: CANHRTel: (415) 974-5171Pat McGinnispatm@canhr.orgor Prescott Coleprescott@canhr.org Sacramento––California legislators will present their RCFE Reform Act bills at policy hearings of the Senate Human Services and Assembly Human Services Committees on Tuesday, April 8, 2014. The bills, all part of the RCFE Reform Act of 2014, were introduced in response to the scandal at Valley Springs Manor in Castro Valley, where 19 elderly residents were abandoned by the care home owner/licensee, and the scathing investigative reports about the failures in oversight and enforcement regarding California’s Residential Care Facilities for the Elderly.The bills being heard include increasing fines from the current maximum of $150, establishing an on-line consumer information system, increasing inspections of these facilities to once a year rather than once every five years, bans on admissions for those facilities posing a danger to residents, timely response to consumer complaints, enhanced staffing and increased training for facility staff, expediting closures of poor facilities and increased protections for relocation of residents, increasing the rights for residents and family members and mandating liability insurance.

March 2014

In this Issue

Changing California’s Medi-Cal Recovery System:  SB 1124 (Hernandez) – Your Support is Needed!