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Industry & Member News

Academics Advocate Reforms for Reverse Mortgages

Authors of a new report from The Brookings Institution, a prominent Washington, DC “think tank,” highlight housing wealth as an important asset for many middle-class families and suggest … more Academics Advocate Reforms for Reverse Mortgages

BPC Hosts a Fireside Chat with HUD Secretary Carson

The Bipartisan Policy Center invited U.S. Secretary of Housing and Urban Development Ben Carson for a conversation about the intersection between housing and health at its Washington, D.C., … more BPC Hosts a Fireside Chat with HUD Secretary Carson

ICC Approves CRMP Course on Financial Fraud

NRMLA’s Independent Certification Committee, which oversees the Certified Reverse Mortgage Professional (CRMP) designation, approved Allegiant Reverse Services’ online course, “Financial Fraud,” for one continuing education credit. Allegiant’s Client … more ICC Approves CRMP Course on Financial Fraud

Annual HECM Endorsement Chart

The following page shows annual HECM production from 1990 to the present by federal fiscal year and by calendar year from 2001 onward.

Reverse Mortgage Magazine, May-June 2018 Issue

Loan originators and business owners will find the May-June 2018 issue of NRMLA’s award-winning Reverse Mortgage magazine a helpful resource because it addresses two vital issues critical to any lender’s success: sales and training.

While many forward mortgage lenders struggle to succeed in the reverse mortgage business, Scott Harmes, reverse mortgage manager at C2 Financial in San Diego, has successfully implemented a training program for forward mortgage loan originators that has helped his company quadruple its production volumes. 

John Luddy of Norcom Mortgage, based in Avon, CT, shared sales strategies that he has lived by for the past decade. “Explaining cost at the beginning, when a client is still a low information borrower, is a disaster,” wrote Luddy. “You need to find out which tooth hurts before you drill. Where does the shoe pinch?”

Download full issue

Become a Certified Reverse Mortgage Professional

CRMP

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.

Learn more