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CFPB Highlights HECM Servicing in Supervisory Report
March 19, 2019
The Consumer Financial Protection Bureau published the 18th edition of its Supervisory Highlights this week that included an explanation of the timelines and processes that HECM servicers follow … more CFPB Highlights HECM Servicing in Supervisory Report
Increased Oversight of HECM Cited in President’s Budget
March 19, 2019
The Department of Housing and Urban Development’s Office of the Inspector General will expand its oversight of the HECM program, ensuring it does not pose undue risk to … more Increased Oversight of HECM Cited in President’s Budget
Senior Housing Wealth Exceeds $7 Trillion For First Time
March 19, 2019
Homeowners 62 and older saw their housing wealth grow by 1.4 percent or $98 billion in the fourth quarter to a record $7.05 trillion from Q3 2018, the … more Senior Housing Wealth Exceeds $7 Trillion For First Time
February 2019 Part II: HMBS Still Can’t Drive … 55 (Billion)
March 13, 2019
HMBS float fell as predicted to less than $55 billion in February as payoffs continue to outweigh falling issuance. Once again with just over $900 million in payoffs, … more February 2019 Part II: HMBS Still Can’t Drive … 55 (Billion)
Reverse Mortgage Magazine, March-April 2019 Issue
In our HECM HUD & Hill Book, beginning on page 15, staff writer Mark Olshaker provides you with thumbnail sketches of, and quotes from, the key influencers and decision-makers for the reverse mortgage industry in Congress, at HUD, at OMB and at the CFPB.
Darryl Hicks’ Talking Heads conversation is with Congressman Denny Heck, who represents Washington State’s 10th Congressional District and sits on the Financial Services Committee.
We’re also pleased that retirement expert Jamie Hopkins, who recently joined Carson Wealth Management after teaching at the American College of Financial Planning, has joined our editorial team. In his first “Retirement Prep” column, Hopkins presents his take on long-term care planning.
Become a Certified Reverse Mortgage Professional
One of our goals as an industry trade association is telling consumers with confidence, you can depend on a NRMLA member. Saying it is one thing; proving it is another. That is why NRMLA created the Certified Reverse Mortgage Professional (CRMP) designation.
In every industry, there are those individuals who strive to excel. They often do so by earning a credential that distinguishes them as being among the most knowledgeable, the most competent and the most ethical and professional.