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
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
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
LexisNexis Risk Solutions Teams with National Reverse Mortgage Lenders Association to Strengthen Vendor Management for Its Membership ATLANTA, Sept. 6, 2017 — LexisNexis® Risk Solutions and the National Reverse Mortgage … more Reverse Mortgage Trade Association Endorses Tools to Reduce Risk, Defend Against Fraud
WASHINGTON (August 29, 2017) – NRMLA President and CEO Peter Bell issued the following statement in response to the Department of Housing and Urban Development’s publication of Mortgagee … more NRMLA President Comments on Changes to FHA Reverse Mortgage Program
The Consumer Financial Protection Bureau published a report on August 24 evaluating the financial impact of using HECM loan proceeds to bridge the gap in income while delaying … more NRMLA Statement in Response to CFPB Issue Brief on Social Security Claiming Strategies
HUD Secretary Ben Carson delivered remarks today emphasizing the Department’s commitment to senior living programs including the Federal Housing Administration’s Home Equity Conversion Mortgage Program. In his speech, the … more NRMLA Statement on HUD Secretary’s Remarks Regarding the HECM Program
Housing Wealth for Homeowners 62 and Older Grew 3.1% in First Quarter WASHINGTON (June 22, 2017) – The National Reverse Mortgage Lenders Association reports today that homeowners age … more Rising Home Values Boost Senior Home Equity to $6.3 Trillion in Q1 2017
National Organizations Stand Up to Senior Financial Exploitation on World Elder Abuse Awareness Day WASHINGTON (June 15, 2017) – Today, as part of World Elder Abuse Awareness Day (WEAAD), … more NRMLA and NAIPC Help Seniors Identify, Report Financial Fraud with New Online Resources
Experts to Explain Strategic Uses of Home Equity in Retirement and Answer Consumer Questions WASHINGTON (April 24, 2017) – The National Reverse Mortgage Lenders Association is proud … more NRMLA Kicks Off Second Annual Reverse Mortgage Education Week