Wait a minute. I thought a reverse mortgage was an arrangement where the lender pays the owner every month. How can there be a risk of foreclosure where the owner is receiving and not paying a monthly mortgage payment?

On September 9 Councilmember Cheh proposed an amendment to the Rent Stabilization provisions of the Rental Housing Act. That is just a complicated way of saying that the Councilmember is seeking to change the “Rent Control” Law to make it more difficult for landlords to raise the rent.