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Reverse Mortgage Magazine, July-August 2016

Reverse Mortgage magazine is the official publication of the National Reverse Mortgage Lenders Association.

Among the top stories in the July-August issue are Reverse Mortgage Mumbo Jumbo: Do We Communicate in a Language that Customers Understand?; Special Section: The Value of Vendors; and My Job Just Got Harder: The New World of HECM Underwriting.

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

Financial Advisors Adapting to Longevity, but Slowly

The financial planning industry is adapting to longer life spans and retirements, but not as quickly or aggressively as it should, according to a survey of 348 advisors conducted by InvestmentNews. “I think there are going to be an awful lot of people whose lifestyle is going to be dramatically impacted,” Harold Evensky, Chairman of … more Financial Advisors Adapting to Longevity, but Slowly

Move to 401(k)s Hurts Less Educated Workers, Study Finds

The transition from pensions to 401(k) plans has led to a reduction in retirement savings rates among high school graduates and dropouts compared to college graduates, according to new research presented by University of Kansas sociology professor ChangHwan Kim and Social Security Administration researcher Christopher Tamborini at this week’s American Sociological Association’s Annual Conference. In 1980, 38 … more Move to 401(k)s Hurts Less Educated Workers, Study Finds

Exploring the Windy City

As you plan your travel to Chicago for the 2016 Annual Meeting & Expo, November 14-16, we compiled a short list of attractions, events and gastronomic institutions to help make your stay as enjoyable as possible. Art Institute of Chicago. The Art Institute of Chicago – the second-largest art museum in America – is not … more Exploring the Windy City

Hold the Fireworks: Flat Issuance and Supply Mark July HMBS

HMBS issuers created approximately $704 million in new HMBS pools during July 2016, with issuance totals typical of the post-Financial Assessment HECM origination market. Last month’s HMBS issuance total increased slightly from June’s $694 million total but fell well short of July 2015’s $809 million. Issuers sold 101 pools in July 2016, divided into 49 … more Hold the Fireworks: Flat Issuance and Supply Mark July HMBS