From the Top Brett Dunn, Ph.D., Chief Investment Officer/ Chief Operating Officer, Traditional Mortgage Acceptance Corp. By Darryl Hicks 8 Those We Help Friends get reverse mortgages for their homes By Darryl Hicks 32 Features 16 Turning a Corner on Proprietary Reverse Mortgages Products remain solid option for some borrowers By Joel Berg 22 Evangelizing for AI Byron Torres: Prepare for an artificial intelligence future By M. Diane McCormick 28 HECM Handbook Arrives Experts discuss key points By Thomas A. Barstow Columns 2 In Reverse Artificial intelligence is just starting By Thomas A. Barstow 4 Steve Irwin: Moving Forward Meeting today’s challenges is nothing new 5 Board Room Increasing your value in 2024 By Erik Richard Morin Departments 7 Hey, Members A roundup of issues and news for NRMLA members 34 Servicing Corner Why completing required repairs ASAP is important 36 Member News Who’s who in reverse mortgages March/April 2024 Volume 17, No. 2 CRMP: Across the Kitchen Table A chat with Eleadah Kemp, CRMP, Finance of America Reverse By M. Diane McCormick 11 Contents PUBLISHER Peter Bell pbell@dworbell.com SENIOR EDITOR Thomas A. Barstow thomas.barstow@theYGSgroup.com ASSOCIATE EDITOR Darryl Hicks dhicks@dworbell.com MANAGING EDITOR Therese Umerlik therese.umerlik@theYGSgroup.com MANAGING EDITOR, DWORBELL, INC. Jessica Hoefer PRESIDENT Stephen Irwin NRMLA EXECUTIVE COMMITTEE CO-CHAIRS Scott Norman, Finance of America Reverse Michael Kent, PHH Mortgage Corp. dba Liberty Reverse Mortgage DESIGNER Tara Smith ADVERTISING SALES Natalie Matter Bellis natalie.matterbellis@theYGSgroup.com Reverse Mortgage is the official publication of the National Reverse Mortgage Lenders Association. The magazine is published every two months. For inquiries regarding association membership and/or magazine subscriptions, please call Darryl Hicks at 202-939-1784. Advertising and editorial inquiries should be directed to Natalie Matter Bellis (natalie.matterbellis@theYGSgroup.com) and Therese Umerlik (therese.umerlik@theYGSgroup.com), respectively. Association & Subscription Contact: National Reverse Mortgage Lenders Association 1400 16th St., NW, Suite 420 Washington, DC 20036 202-939-1760 lross@dworbell.com Industry: www.nrmlaonline.org Consumers: www.reversemortgage.org Advertising & Editorial Contact: National Reverse Mortgage Lenders Association 1400 16th St., NW, Suite 420 Washington, DC 20036 202-939-1760 ©2024 National Reverse Mortgage Lenders Association
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