Comptroller of the Currency John Dugan warned Monday of the risks of reverse mortgages, which he compared to the dangers of subprime mortgages.

At a speech before an American Bankers Association conference in Orlando, Dugan said the risks of reverse mortgages call for increased regulation.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.