As part of NRMLA’s ongoing efforts to promote #OlderAmericansMonth, the PR Committee has created a new tri-fold brochure, titled “Should Mom Or Dad Get a Reverse Mortgage?”, that we … more Should Mom Or Dad Get a Reverse Mortgage?
Senate Confirms Julia Gordon As FHA Commissioner
By a vote of 51-50, the Senate last evening confirmed Julia Gordon as the next Assistant Secretary for Housing/Federal Housing Administration Commissioner. Vice President Kamala Harris provided the … more Senate Confirms Julia Gordon As FHA Commissioner
HMBS April 2022 Part II: April May but May June?
HMBS payoffs continued in April, as the refinancing wave diminished slightly but refused to ebb. Instead, April payoffs totaled $1.3 billion, just short of March 2022’s record $1.5 … more HMBS April 2022 Part II: April May but May June?
CFPB Report Highlights Lender Violations
In its latest Supervisory Highlights report, the Consumer Financial Protection Bureau emphasized violations involving Loan Officer Compensation and Changed Circumstances that NRMLA felt should be shared with the membership. The … more CFPB Report Highlights Lender Violations
Member Spotlight: Wendy Oshiro, CRMP, Mutual of Omaha Mortgage
To help foster member engagement, NRMLA will publish periodic Member Spotlights that feature professionals from across the reverse mortgage ecosystem. In this issue, we present loan originator Wendy … more Member Spotlight: Wendy Oshiro, CRMP, Mutual of Omaha Mortgage
Member Spotlight: Anissa Palmatier, CRMP, Reverse Mortgage Funding LLC
To help foster member engagement, NRMLA will publish periodic Member Spotlights that feature professionals from across the reverse mortgage ecosystem. We present Anissa Palmatier, CRMP, Midwest Regional Account … more Member Spotlight: Anissa Palmatier, CRMP, Reverse Mortgage Funding LLC
Piecemeal Reform Won’t Solve the U.S. Retirement Crisis
In a recent opinion piece, the editor’s at Bloomberg expressed strong opinions about the shortcomings of America’s retirement system and what Congress needs to do fix these problems. … more Piecemeal Reform Won’t Solve the U.S. Retirement Crisis
HUD Selling Vacant Properties Once Backed by HECMs
To help expand affordable housing opportunities, the Department of Housing and Urban Development is selling 1,450 assigned properties once used as collateral for Home Equity Conversion Mortgages to … more HUD Selling Vacant Properties Once Backed by HECMs
Tracking State Legislation
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CFPB: Reverse Mortgage Complaints Less Than One Percent
Out of 32,000 mortgage-related complaints submitted to the Consumer Financial Protection Bureau in 2021, only 300, or one percent, were brought against reverse mortgage companies, according to the … more CFPB: Reverse Mortgage Complaints Less Than One Percent
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