NRMLA, along with 22 other advocacy groups, co-signed a letter asking members of the Senate Banking Committee to approve the nomination of Scott Turner as the next Secretary … more NRMLA Signs Letter of Support for HUD Secretary Nominee
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.
Advice on Handling HECMs in Disaster Areas
The devastating fires in Los Angeles County prompted the Federal Housing Administration to publish FHA Info #2025-07 as a reminder to mortgagees about its guidance for servicing and … more Advice on Handling HECMs in Disaster Areas
Freddie Mac Surveys Boomers on Housing, Retirement Preferences
A survey conducted by Freddie Mac found that 68 percent of Baby Boomer homeowners expressed confidence in having a comfortable retirement, regardless of race. This is down from … more Freddie Mac Surveys Boomers on Housing, Retirement Preferences
Census Bureau: Median Home Equity Rose by $47,900 From 2019 to 2022
According to the U.S. Census Bureau’s Survey of Income and Program Participation (SIPP), median household net worth increased from $136,500 in 2019 to $176,500 in 2022. The big … more Census Bureau: Median Home Equity Rose by $47,900 From 2019 to 2022
NRMLA on your side in 2024
NRMLA advocates each and every day of the year for its members. The following infographic (click to enlarge) represents a small portion of NRMLA’s achievements in 2024.
Census Bureau Publishes American Community Survey Results
The number of owner-occupied housing units increased by 8.4 percent from 76.4 million to 82.9 million, according to the latest American Community Survey (ACS) published by the U.S. … more Census Bureau Publishes American Community Survey Results
Here’s why HMBS 2.0 is so important
Over the past year, NRMLA has worked closely with Ginnie Mae to develop HMBS 2.0 to resolve the liquidity constraints that led to the largest bankruptcy in the … more Here’s why HMBS 2.0 is so important
Morningstar Recommends Lowering Retirement Withdrawal Rate
New research published by Morningstar recommends that retirees adjust how much they withdraw annually from their retirement accounts from the traditional “4 Percent Rule” down to 3.7 percent, … more Morningstar Recommends Lowering Retirement Withdrawal Rate
Large Share of Retirees Have Credit Card Debt
USA Today reported that two-fifths of retirees carry balances on their credit cards, according to the 2024 Spending in Retirement survey, released in November by the nonprofit Employee Benefit Research … more Large Share of Retirees Have Credit Card Debt
Rep. French Hill Chosen to Lead Financial Services Committee
On December 12, 2024, House Republican leaders selected Rep. French Hill (R-AR) to chair the House Financial Services Committee in the 119th Congress. What’s next: The House Republican Conference … more Rep. French Hill Chosen to Lead Financial Services Committee
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