Reference Section


The Reference Section contains a library of information about the reverse mortgage program. Some of the information is restricted to Members Only, in which case you will need to input your username and password.

Borrow with Confidence

Borrow with Confidence is a promise to customers of the reverse mortgage industry that they will be treated in an honorable and ethical manner. It is a commitment by the reverse mortgage industry that when working with a member of NRMLA, you can Borrow with Confidence that your lender is devoted to the highest ethical standards.
 

Guidance and Best Practices

This section provides access to guidance and best practices created by NRMLA for members to use as part of their business operations.
 

Getting Started in RM's

This section contains basic information you will need to get started in the reverse mortgage business.
 

Marketing / Origination

This section contains helpful advice on how to generate reverse mortgage business.
 

Counseling

Counseling is a critical component of the reverse mortgage program. This chapter provides guidance on the rules that HUD has established for coordinating counseling.
 

Processing / Underwriting

The more you know about HUD's processing and underwriting standards, the quicker you'll be able to close your loans.
 

Secondary Markets

This section contains information on different investor issues, including research on reverse mortgages conducted by the Walls Street ratings agencies.
 

Loan Servicing

 

Legislation

This chapter contains information on federal and state legislation that impacts the reverse mortgage business. Additional information is provided on how laws are made, and the importance of establishing relationships with local and federal lawmakers.
 

Regulations

The following section contains links to FHA mortgagee letters, the Code of Federal Regulations, and the HUD HECM Handbook, so that you are kept informed of the rules governing the HECM and Fannie Mae Home Keeper programs.
 

News Coverage

The following section contains up to the minute news coverage of reverse mortgages as provided by Google News Alerts. There are additional links to television news stories and a small sampling of print articles published in regional and national newspapers this year.
 

Industry Statistics

This section links to HUD's monthly HECM activity reports, which measures volume by region and lender. Weekly interest rates, as compiled by Financial Freedom, are also posted here.
 

Research Papers

The following section contains published research on different aspects of the reverse mortgage program, healthcare, and America's aging population.
 

NRMLA Publications

The following section contains back issues of NRMLA's quarterly print newsletter, Reverse Mortgage Advisor, featuring in-depth stories on management and marketing topics, business trends, borrower profiles, and other useful topics.
 

Consumer Booklets

NRMLA has developed several information booklets for consumers that members can purchase at a discount to distribute to prospective clients. You can download the PDF versions of our booklets or print out the price sheets to purchase hard copies.
 

Important Links

This section contains links to important Reverse Mortgage resources.

All materials copyrighted © 2008 National Reverse Mortgage Lenders Association.