WASHINGTON, DC (March 22, 2016) – The National Reverse Mortgage Lenders Association reports today that an estimated $140.2 billion increase in the aggregate value of homes owned by … more America’s Seniors Holding $5.83 Trillion in Home Equity, 16% More Than Pre-Recession Peak
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
FOR IMMEDIATE RELEASE December 23, 2015 WASHINGTON, DC – The National Reverse Mortgage Lenders Association reports today that an estimated $147 billion increase in the aggregate value of … more America’s Seniors Holding $5.76 Trillion in Home Equity, Senior Home Values Outperform Others Says NRMLA
FOR IMMEDIATE RELEASE November 18, 2015 Members of the industry focused on supporting senior homeownership shared a meaningful connection this weekend with hundreds of senior citizens who live … more Reverse Mortgage Professionals Offer Helping Hand to Area Seniors
FOR IMMEDIATE RELEASE November 17, 2015 It is still too early to know the full impact that program changes like financial assessment will have on the Home Equity … more HUD Staff Present HECM Program Updates to Reverse Mortgage Professionals
FOR IMMEDIATE RELEASE November 16, 2015 SAN FRANCISCO (November 16, 2015) – On the same day the Secretary of Housing and Urban Development announced that the Federal Housing … more HUD Official to Reverse Mortgage Lenders: HECM Program on Solid Ground
FOR IMMEDIATE RELEASE November 9, 2015 WASHINGTON (November 9, 2015) – Home values are rising and equity held by senior homeowners is growing, two positive signs that retirees … more Reverse Mortgage Professionals to Gain Industry Insight, Give Back to Community during Annual Meeting
FOR IMMEDIATE RELEASE September 22, 2015 Washington – The Reverse Mortgage Market Index (RMMI), a quarterly measure that analyzes trends in the home values, home equity, and mortgage … more Senior Home Equity Reaches $4.08 Trillion, Reverse Mortgage Market Index Hits Record High
FOR IMMEDIATE RELEASE June 18, 2015 WASHINGTON – The NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI), a quarterly measure which analyzes trends in the home values, home equity, and … more Senior Home Equity Nears $4 Trillion As Home Values Rise
The NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI) rose in the fourth quarter by 1.5 percent to 186.78, its highest level since Q2 2007. The $59.1 billion increase in … more RMMI Increases 11 Consecutive Quarters
In the third quarter of 2014, the NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI) that measures senior home equity rose to its highest level since the third quarter of … more Senior Home Equity Increases $94.6 Billion