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Industry & Member News

Why Social Security’s Minimum Benefit Needs Fixing

Social Security offers a minimum benefit to retired workers with very low career earnings. However, according to the final paper in a series of issue briefs on modernizing Social Security … more Why Social Security’s Minimum Benefit Needs Fixing

Reverse Mortgage Proprietary Product Updates

Back in August, NRMLA unveiled a product comparison chart to help members differentiate proprietary reverse mortgages offered by Finance of America Reverse, Reverse Mortgage Funding LLC, Longbridge Financial … more Reverse Mortgage Proprietary Product Updates

How Secure Is Employment at Older Ages? Not Very.

Nearly half of full-time workers ages 51 to 54 experience job loss after age 50 that substantially reduces earnings for years or leads to long-term unemployment, which then … more How Secure Is Employment at Older Ages? Not Very.

Ginnie Mae EVP Michael Bright Stepping Down

Ginnie Mae Executive Vice President and Chief Operations Officer Michael Bright announced his departure effective January 16 and requested that his nomination to be the agency’s next president be … more Ginnie Mae EVP Michael Bright Stepping Down

Reverse Mortgage Magazine, November-December 2018 Issue

On almost every continent, countries are looking to home equity extraction methodologies to help fund aging and retirement, each with their own quirks. In our cover story for the November-December issue of Reverse Mortgage magazine, we sent staff writer Mark Olshaker on a virtual world tour to search for the best ideas from abroad.

Like all policy changes, the new appraisal rules implemented by the FHA for the FY 2019 budget have triggered a good deal of industry chit-chat. But now we have to go out and explain the possibility of a second appraisal to potential borrowers. How are we going to do that? For advice, we turned to Dan Hultquist of Live Well Financial, a CRMP and the author of Understanding Reverse Mortgages.

And finally, we introduce you to Eddie Seiler, PhD, Fulbright scholar, former director of Economics at Fannie Mae, and now the vice president, Research and Economic Analysis at Dworbell, Inc., the umbrella association management company for NRMLA, who analyses the growing dependence on debt by older adults of varying ages and wealth.

Download the 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