Across the U.S., older adults face an average gap of about $115,000 between what they’re projected to spend during retirement and what they’re likely to bring in from … more Retirement Funding Gap Averages $115,000 For Most Older Americans
Darryl Hicks is Vice President of Communications for the National Reverse Mortgage Lenders Association. In this capacity, Hicks writes for NRMLA's publications, manages the association's web sites and social media accounts, assists committees and the Board of Directors, and manages the Certified Reverse Mortgage Professional designation. Prior to joining NRMLA in 1999, Hicks spent three years in the Washington, D.C. bureau for National Mortgage News.
Servicing Corner: August is “Write a Will” Month
August is “Write a Will” Month: Why a Will Is Especially Important for Reverse Mortgage Borrowers As August nears, it’s the perfect time to reflect on something essential … more Servicing Corner: August is “Write a Will” Month
Analyzing the Future of Social Security and Medicare
In the latest episode of the Decoding Retirement podcast, host Robert Powell interviews certified retirement management advisor Marcia Mantell about the key findings from the recently published Social … more Analyzing the Future of Social Security and Medicare
FHA Expands Presidentially-Declared Disaster Area in Texas
The Department of Housing and Urban Development expanded the Presidentially-Declared Major Disaster Area (PDMDA) declaration in Texas to include Burnet, Kendall, Kerr, Kimble, Llano, Mason, McCulloch, Menard, San … more FHA Expands Presidentially-Declared Disaster Area in Texas
HUD Provides Foreclosure Relief to Texans Impacted by Floods
The U.S. Department of Housing and Urban Development announced a 90-day foreclosure moratorium on FHA-insured single-family mortgages in Kerr County, Texas. Why it matters: HUD says there are … more HUD Provides Foreclosure Relief to Texans Impacted by Floods
Member Spotlight: Tom Hedderich, Hallmark Home Mortgage, LLC
To help our members get to know one another, NRMLA publishes periodic member spotlights featuring professionals from across the reverse mortgage ecosystem. Meet Tom Hedderich, a loan officer … more Member Spotlight: Tom Hedderich, Hallmark Home Mortgage, LLC
Census: Older Adults Outnumber Children in Nearly Half of U.S. Counties
The U.S. population age 65 and older rose by 3.1 percent (to 61.2 million) while the population under age 18 decreased by 0.2 percent (to 73.1 million) from … more Census: Older Adults Outnumber Children in Nearly Half of U.S. Counties
HUD Rescinds Three MLs That Impact HECM
On June 27, the Department of Housing and Urban Development published five mortgagee letters that rescinded policies in its Single Family mortgage insurance program, spanning the origination process … more HUD Rescinds Three MLs That Impact HECM
Bill Search: Reverse Mortgages
NRMLA members can track reverse mortgage legislation introduced by lawmakers in the United States House of Representatives or Senate during the 118th Congress (2023-2025) by visiting Congress.org.
NRMLA Submits Comments On PA Counseling Bill
NRMLA’s letter expresses support for House Bill 1466, but seeks revisions to clarify certain sections of the bill and to align the legislation with multi-state and industrywide standards. … more NRMLA Submits Comments On PA Counseling Bill
[Page 12 of 36 ]