Senior Home Equity Grew by $149 Billion in Fourth Quarter WASHINGTON (March 27, 2018) – Housing wealth for homeowners 62 and older grew to $6.6 trillion in Q4 … more Housing Wealth for Older Homeowners Reaches $6.6 Trillion in Q4 2017
The National Reverse Mortgage Lenders Association (NRMLA) is the national voice of the reverse mortgage industry, serving as an educational resource, policy advocate and public affairs center for lenders and related professionals. NRMLA was established in 1997 to enhance the professionalism of the reverse mortgage business.
Our mission is to educate consumers about the pros and cons of reverse mortgages, to train lenders to be sensitive to clients’ needs, to enforce our Code of Ethics and Professional Responsibility, and to advise policy makers on reverse mortgage issues.
For more information about reverse mortgages and to read borrower testimonials, visit NRMLA’s consumer education site www.reversemortgage.org.
Darryl Hicks, VP of Communications
Additional Resources for Reporters:
NRMLA has compiled statistics and research on aging and retirement topics to assist with your article on reverse mortgages, which you can view in the retirement research section of this site.
NRMLA Press Releases
Reverse Mortgages Have Their Place As published in the Baltimore Sun on March 9, 2018: Regarding the March 1 Op-Ed “Don’t fall victim to the reverse mortgage con”: In … more NRMLA Responds to Baltimore Sun Op-Ed
Homebuyers 62+ Focus of New Toolkits for Real Estate Agents, Builders WASHINGTON (March 9, 2018) – The National Reverse Mortgage Lenders Association released two free toolkits today for … more New Guides from NRMLA Teach Real Estate Pros How to Introduce ‘HECM for Purchase’ to Boomers and Older Buyers
NRMLA President and CEO Peter Bell issued the following statement today in response to President Donald Trump’s FY19 Budget request for the U.S. Department of Housing and Urban … more NRMLA Statement on President Trump’s FY19 Budget Request
WASHINGTON (December 21, 2017) – The National Reverse Mortgage Lenders Association today formally announced the members of its 2018 Board of Directors. Directors were elected unanimously during a … more NRMLA Announces 2018 Executive Officers, Board of Directors
WASHINGTON (December 21, 2017) – Housing wealth grew to $6.5 trillion for U.S. homeowners 62 and older in the third quarter of 2017, a 1.9 percent increase of … more Senior Home Equity Grew by $121 Billion in Third Quarter
Today, the U.S. Department of Housing and Urban Development issued its annual report to Congress regarding the financial status of the Federal Housing Administration’s Mutual Mortgage Insurance Fund … more NRMLA Statement on FHA FY17 Annual Report to Congress
Senior Home Equity Grew by $150 Billion in Second Quarter WASHINGTON (September 29, 2017) – The National Reverse Mortgage Lenders Association reports today that homeowners age 62 and … more Housing Wealth for Older Homeowners Reaches $6.42 Trillion in Q2 2017
Today, President Donald Trump announced his intention to nominate Brian Montgomery for the position of Assistant Secretary of the Department of Housing and Urban Development, Federal Housing Commissioner. … more NRMLA Statement on Appointment of Brian Montgomery to Head FHA
The Reverse Mortgage Program is a Boon to Seniors As published in the Washington Post on Sept. 11, 2017: Regarding the Sept. 6 editorial “A welcome reversal”: The … more NRMLA Responds to Washington Post Editorial with Letter to the Editor