FOR THE INDUSTRY
Become a NRMLA Member
FOR CONSUMERS
Locate a Lender
VENDOR DIRECTORY
Industry Resources
Industry & Member News
LIBOR Transition: Its History and Potential Issues Going Forward
July 6, 2020
In anticipation of the transition away from LIBOR in 2021, NRMLA’s outside counsel, Weiner Brodsky Kider PC, published a comprehensive article that highlights efforts underway by the Alternative … more LIBOR Transition: Its History and Potential Issues Going Forward
Waters Introduces COVID-19 Bill That Helps HECM Borrowers
July 6, 2020
Financial Services Committee Chairwoman Maxine Waters (D-CA) introduced the Emergency Housing Protections and Relief Act (H.R. 7301) this week to protect renters and homeowners, including reverse mortgage borrowers, … more Waters Introduces COVID-19 Bill That Helps HECM Borrowers
65+ Population Grows By 34 Percent Over Past Decade
July 6, 2020
U.S. Census Bureau statistics released this week show the nation’s 65-and-older population grew by over a third (34.2 percent or 13,787,044) during the past decade and by 3.2 … more 65+ Population Grows By 34 Percent Over Past Decade
FHA Extends Exterior-Only Appraisals Through August 31
June 29, 2020
The Department of Housing and Urban Development has just announced the re-extension of exterior-only appraisals through August 31, 2020. Details were provided in Mortgagee Letter 2020-20. The re-extension … more FHA Extends Exterior-Only Appraisals Through August 31
Reverse Mortgage Magazine, July-August 2020 Issue
COVID-19 has dramatically altered the way many businesses operate. Reverse Mortgage Magazine interviewed leaders from around the reverse mortgage industry and asked them how they have adapted and determined the best ways to continue serving their customers and how these changing workflows may become the new normal.
For our cover story, Leslie Flynne, SVP of loan servicing for Houston, TX-based Reverse Mortgage Solutions Inc. shared insights about her company’s disaster planning guide, which accounted for a pandemic and allowed RMS to act decisively. Lesson learned: If your disaster plan doesn’t include a pandemic, add a new chapter.
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.