House Bill 7073 and Senate Bill 7074 would amend existing law by basing the state’s documentary stamp tax on the principal limit instead of the maximum claim amount … more NRMLA Submits Letters of Support
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.
Improving FHA’s Condo Forms and Policies
NRMLA, in coordination with the HUD Issues Committee, sent a letter to the Department of Housing and Urban Development that recommended ways to improve FHA’s condominium approval forms … more Improving FHA’s Condo Forms and Policies
National Risk Retirement Index Reaches New Low
From 2019 to 2022, the National Retirement Risk Index dropped from 47 percent to 39 percent — the lowest level since the NRRI was created in 2004. Why … more National Risk Retirement Index Reaches New Low
Servicing Corner: Why Completing Required Repairs ASAP is Important
When a new reverse mortgage closes, the appraiser and underwriter may have identified repairs to the property that are required to be completed to bring the property into … more Servicing Corner: Why Completing Required Repairs ASAP is Important
From the Top: Brett Dunn, PhD, Chief Investment Officer/Chief Operating Officer, Traditional Mortgage Acceptance Corp.
Over the past eight years, the Dunn Family of Bellevue, WA has built Traditional Mortgage Acceptance Corp. (TMAC) into a top-tier reverse mortgage lender and issuer of Ginnie … more From the Top: Brett Dunn, PhD, Chief Investment Officer/Chief Operating Officer, Traditional Mortgage Acceptance Corp.
America Never Had So Many 65-Year-Olds
A recent article in the Wall Street Journal noted that today’s 65-year-olds are wealthier and by many measures, healthier, and expected to live another 20 years. A growing … more America Never Had So Many 65-Year-Olds
FHA Issues FAQ for Branch Registration Requirements
The Federal Housing Administration published Frequently Asked Questions in response to a final rule that updates branch office registration requirements. Details were announced in FHA Info #2024-2. Why … more FHA Issues FAQ for Branch Registration Requirements
Association Responds to NJ Bill Requiring Face-to-Face Counseling
NRMLA, through its State and Local Issues Committee, sent a letter to New Jersey state Senator Shirley K. Turner that addressed concerns over a proposed bill that she … more Association Responds to NJ Bill Requiring Face-to-Face Counseling
Final Rule Updates Older Americans Act Programs
The Administration for Community Living (ACL) published a final rule that makes the first substantive changes to Older Americans Act (OAA) programs and services in 36 years. What’s … more Final Rule Updates Older Americans Act Programs
Yikes, Household Debt Spikes
U.S. households increased their total debt by $271 billion during Q4 2023 – roughly 19% more than the average for Q4 over the past 20 years. As a … more Yikes, Household Debt Spikes
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