Originating: Texans for Proposition 5 

Since the days of the Republic of Texas, the Texas Constitution prohibited the forced sale of homesteads except for nonpayment of mortgage, property taxes, home improvement loans, or for property settlements in certain divorce and probate proceedings.After 154 years, the voters of Texas finally approved reverse mortgage lending in 1999. Since then, nearly 55,000 senior homeowners have obtained and benefited from a reverse mortgage. After 14 short years, Texas now ranks second in the United States in total reverse mortgages originated. More importantly, according to the Texas Department of Savings and Mortgage Lending, the commissioner has not issued one disciplinary