Driven by a $83.5 billion increase in senior home equity, the NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI) rose in Q4 2013 by 2.4% to 169.8, its highest level … more RMMI: Senior Home Equity Surges By $83.5B
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.