From the Top Neil Sweren, CRMP, Senior Vice President, Atlantic Coast Mortgage By Darryl Hicks 9 Those We Help Homeowner strategically uses the reverse mortgage line of credit By Darryl Hicks 32 Features 16 HECM for Purchase Builds Momentum New rules help stakeholders enhance their businesses By Joel Berg 22 Rethinking Your Role Collaboration with other retirement professionals fosters trust By Thomas A. Barstow 27 Removing the Mysteries Behind Social Security Martha Shedden created a career out of deciphering the intricacies of the retirement program By Thomas A. Barstow 30 Final Rule Updates Older Americans Act Regulations By Darryl Hicks Columns 2 In Reverse Complex rules require professional help By Thomas A. Barstow 4 Steve Irwin: Moving Forward Brookings report boosts reverse mortgages 6 Board Room Playing your part in our industry’s success By Carmalon Batiste Departments 8 Hey, Members A roundup of issues and news for NRMLA members 34 Member News Who’s who in reverse mortgages 36 By the Numbers How far does $1 million go in retirement? May-June 2024 Volume 17, No. 3 CRMP: Across the Kitchen Table A chat with Fernande Marie Bencze, CRMP, Alliance Reverse Mortgage By M. Diane McCormick 12 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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