Senior Home Equity Highest In Four Years
March 29, 2013
Senior households now have more equity in their homes than at any time since mid-2009, according to data released by NRMLA.
Researcher Responds to CFPB Report, a NRMLA blog
August 8, 2012
Attorney Barry Sacks, who published a research paper on the usage of reverse mortgages as a retirement planning option earlier this year, offers this response to the CFPB Report on reverse mortgages.
An Open Letter to America's Seniors from the National Reverse Mortgage Lenders Association
July 2, 2012
In the wake of the CFPB study, NRMLA published an Open Letter to America’s seniors and their families about what steps the industry is taking to make the process of getting a reverse mortgage as easily understandable and transparent as possible.
Senior Home Equity Increases in 4Q
April 19, 2012
Data released by NRMLA shows senior home equity increased by $30 billion in the fourth quarter of 2011.
RMMI: Home Values, Senior Equity Stabilizing
January 11, 2012
The NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI) showed signs of stabilizing in the third quarter of 2011, increasing by 1.5 percent to 152.0.
Senior Home Equity Remains Greater than $3 Trillion
October 10, 2011
An estimate of senior home equity owned by Americans aged 62 and over stood at $3.14 trillion as of the end of the second quarter in 2011.
Senior Home Equity Remains Greater Than $3 Trillion Despite Renewed Concerns About National Home Price Levels
July 8, 2011
An estimate of senior home equity owned by Americans aged 62 and over stood at $3.2 trillion as of the end of the first quarter in 2011, according to results from the recently released NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI).
Reverse Mortgage Market Index Performs Better than Expected in Tough Economy
May 6, 2011
The NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI) estimates the value of home equity held by seniors aged 62 and older to be $3.3 trillion as of the end of 2010.
NCOA Teams with HUD and NRMLA to Assist Reverse Mortgage Borrowers Who Have Difficulty Paying Property Taxes and Insurance
January 7, 2011
NCOA is conducting a pilot project in collaboration with HUD and NRMLA to help reverse mortgage borrowers who are struggling to pay property taxes and homeowners insurance.
Research Shows High Levels of Consumer Satisfaction With Reverse Mortgages
December 13, 2010
NRMLA, last week, published independent research showing high levels of satisfaction among seniors with reverse mortgages and equally positive numbers indicating borrowers understood the transaction they were getting into and were never pressured into getting a loan.
Reverse Mortgage Industry Provides New Level of Service Training
November 22, 2010
Consumers interested in exploring reverse mortgages can now turn to a loan originator who has committed to a new, high standard of training with the implementation of the Certified Reverse Mortgage Professional designation by the National Reverse Mortgage Lenders Association.
Reverse Mortgage Costs Reduced
September 22, 2010
The U.S. Department of Housing and Urban Development introduced yesterday a new Home Equity Conversion Mortgage (HECM) product, the HECM Saver, that will make it less expensive for older home owners to borrow against their home equity and meet rapidly escalating living expenses and health care costs.
NRMLA Awards First Certified Reverse Mortgage Professional Designations
July 2, 2010
NRMLA is proud to announce the first class of members who have met all the qualifications and have received their Certified Reverse Mortgage Professional designations.
Reverse Mortgage Group Issues Ethics Advisories
June 24, 2009
Today, the National Reverse Mortgage Lenders Association (NRMLA) announced two new Ethics Advisories outlining the expected standards and practices in selling other financial products with reverse mortgages and standards for mortgage lead generation activities.
Reverse Mortgage Association Adopts Loan Originator Credential
April 3, 2009
In its ongoing effort to provide safeguards for seniors interested in reverse mortgages, the National Reverse Mortgage Lenders Association announced today that it soon will be offering a Certified Reverse Mortgage Professional-Loan Originator designation.
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