To help our members get to know one another, NRMLA publishes periodic Member Spotlights featuring professionals from across the reverse mortgage ecosystem. Meet Theresa Valinotti, President/Owner of Truest … more Member Spotlight: Theresa Valinotti, Truest Mortgage Lending Inc.
HUD Introduces FHA Catalyst Partner Environment
This week, the Federal Housing Administration announced in FHA Info 2025-19 the availability of the Catalyst Partner Environment, a new Application Programming Interface (API) testing platform designed to … more HUD Introduces FHA Catalyst Partner Environment
Debt’s Impact on Older Americans
A new survey of Gen X and Baby Boomer Americans conducted by National Debt Relief reveals how soaring costs and debt burdens are delaying retirement and reshaping financial … more Debt’s Impact on Older Americans
Member Spotlight: Russell Arceri, Five Star Reverse Funding
To help our members get to know one another, NRMLA publishes periodic Member Spotlights featuring professionals from across the reverse mortgage ecosystem. Meet Russell Arceri, President/CEO of Five … more Member Spotlight: Russell Arceri, Five Star Reverse Funding
U.S. Workers Tapping Retirement Accounts At Increasing Rates
While 401(k) balances are growing, an increasing number of retirement savers are using their retirement accounts for financial emergencies. A new survey published by the Transamerica Center for … more U.S. Workers Tapping Retirement Accounts At Increasing Rates
Guidance for HECM Certified Housing Counselors
HUD’s Office of Housing Counseling announced that the Home Equity Conversion Mortgage (HECM) Client Budget and Resources Identity Tool (CBRIT) is no longer available. To continue providing quality … more Guidance for HECM Certified Housing Counselors
FHA Rescinds Anti-Discrimination Appraisal Policies
The Federal Housing Administration rescinded three mortgagee letters that had sought to reduce discrimination in the appraisal process but which the Trump administration argued had created barriers and … more FHA Rescinds Anti-Discrimination Appraisal Policies
Fidelity: Retirement Account Balances Increase Year-Over-Year
Fidelity Investments’ latest Q4 2024 retirement analysis shows that retirement savers experienced a year of growth in 2024. While retirement account balances dipped slightly from Q3 2024, the average 401(k) … more Fidelity: Retirement Account Balances Increase Year-Over-Year
NRMLA Seeks Revision to WA State Legislation
NRMLA submitted a letter to lawmakers requesting a revision to Senate Bill 5686, so that it more closely matches Washington’s reverse mortgage laws. Dig Deeper: SB 5686 would, … more NRMLA Seeks Revision to WA State Legislation
NRMLA Asks HUD to Extend ORCA Initiative to HECM
NRMLA has asked the Department of Housing and Urban Development to consider extending its Optional Reimbursement Claim Alternative (ORCA) to the HECM program. Earlier this year, HUD published … more NRMLA Asks HUD to Extend ORCA Initiative to HECM