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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


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

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

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.

Equity Extraction Discussed at Retirement Forum

Among the topics discussed at the 18th Annual Meeting of the Retirement Research Consortium held on August 4-5 at the National Press Club in Washington, D.C., was a comparison  of equity extraction methods and their impact on the financial well-being of seniors presented by Dr. Stephanie Moulton of Ohio State University. Highlights from Dr. Moulton’s … more Equity Extraction Discussed at Retirement Forum