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Reverse Mortgage Magazine, March-April 2017

The award-winning Reverse Mortgage magazine is the official publication of the National Reverse Mortgage Lenders Association.

In this issue, we attempt to shed just a little bit of light on how the governmental transition may impact our industry.

As part of our cover story, Marty Bell studied the life of the new HUD Secretary, Dr. Ben Carson, and how the experiences and philosophies that made him a hero in other fields may cross over into housing policy. And NRMLA’s outside counsel Jim Milano provided a snapshot of the new HECM final rule by breaking down what the rule does and does not cover, and what the future looks like.

Download the 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

 

Industry & Member News

Calendar of Events: Reverse Mortgage Education Week

Join the National Reverse Mortgage Lenders Association April 24 – 28 for Reverse Mortgage Education Week as we host a series of online events for professionals who work with older adults as caretakers, contractors, trusted financial advisors, attorneys, real estate agents, social workers and more.     Registration is open for the following webinars Paying … more Calendar of Events: Reverse Mortgage Education Week

Less than 20 Percent of Americans “Very Confident” About Retirement Savings

Six out of 10 American workers feel very or somewhat confident about having enough money for a comfortable retirement, though just 18 percent feel very confident, according to the 2017 Retirement Confidence Survey by the nonpartisan Employee Benefit Research Institute and Greenwald & Associates. The survey also suggests that many American workers are stressed about … more Less than 20 Percent of Americans “Very Confident” About Retirement Savings

Help Us Promote Reverse Mortgage Education Week

Four weeks from now, between April 24 to 28, NRMLA will be celebrating Reverse Mortgage Education Week by coordinating a series of online webinars for professionals who work with older adults, so that together we can help raise public awareness about the versatility of reverse mortgages and how they have helped more than a million … more Help Us Promote Reverse Mortgage Education Week

FHA’s Loan Review System to Go Live on May 15

The Federal Housing Administration announced today in Mortgagee Letter 2017-08 that the implementation date for its Loan Review System will be May 15, 2017. LRS will be used to manage Title II Single Family Loan Reviews, Title II Single Family Mortgagee Monitoring Reviews, and Mortgagee self-reporting of fraud, misrepresentation and other material findings. The HECM … more FHA’s Loan Review System to Go Live on May 15