Sponsor Pulls California Reverse Mortgage Bill
May 3, 2013
Lawmaker cancels public hearing and removes his bill from further consideration after meeting with NRMLA’s legislative team.
Compliance Committee Reviews FTC Marketing Guidance
May 3, 2013
During its last meeting, the Risk & Compliance Committee reviewed and discussed a revised set of guidelines for online and mobile advertising published by the Federal Trade Commissioner in March.
Former HUD Secretary: Reverse Mortgages Help Support Aging in Place
April 29, 2013
In an op-ed, former Housing Secretary Henry Cisneros described reverse mortgages as an “important tool” that for some seniors can finance home modifications that will allow greater independence.
HUD Staff Confirms Commitment to HECM Program, Calls for Adjustments
April 22, 2013
The following memo summarizes comments made by senior HUD officials during a webinar for NRMLA members on the impact of the administration's proposed FY 2014 budget on the HECM program.
Members Must Disclose All Available Products
April 22, 2013
The Board of Directors unanimously approved a new ethics advisory requiring all lender members to “offer and describe the full range of products and programs generally available in the marketplace that may provide a bona fide advantage to such consumers.
HUD Approves CE Courses for Counselors
April 22, 2013
The U.S. Department of Housing and Urban Development has approved the following courses for reverse mortgage counselors to receive continuing education credits.