Industry & Member News
June 12, 2019
Outstanding HMBS rose slightly in May, avoiding further decline thanks to some highly seasoned new issuance. Despite just under $1 billion in payoffs, total outstanding HMBS edged up … more HMBS May 2019 Part II: Seasoned Issuance Props up Float
June 10, 2019
The most important consumer protection built into the reverse mortgage program is the requirement that a prospective borrower must first meet with an exam-qualified, independent third-party counselor approved by … more Complying with FHA’s HECM Counseling Guidelines: Frequently Asked Questions
June 10, 2019
The following section lists the primary regulations pertaining to the FHA’s Home Equity Conversion Mortgage Program, used by compliance, underwriting and servicing staff.
June 7, 2019
When asked whether they were saving enough for retirement, 45 percent of Americans age 60+ said they were on track, while 13 percent said they had no retirement … more Fed Survey: 45 Percent of 60+ Population Approve of Retirement Savings Rate
Reverse Mortgage Magazine, May-June 2019 Issue
In the May-June issue of Reverse Mortgage magazine, we attempt to look at ourselves and our process through the lens of our borrowers.
In two of our recurring features, we search for the magic words that make deals happen. In this month’s Borrower Chronicles, Jessica Hoefer speaks with consumers about the moments in which they made the leap in their minds from curious investigator to committed borrower. And in our CRMP: Across the Kitchen Table feature, staff writer Mark Olshaker talks with loan originators about observing their clients during that critical moment.
Craig Barnes of Reverse Mortgage Funding, who has spent years training loan originators and is a frequent presenter at NRMLA conferences, shares both research and experience of lender/borrower conversations that provide evidence that less talk can bring you more closings. Whatever your level of experience, we hope this issue provides you with some fresh insight into the perceptions of the people you serve.
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.