The Federal Housing Administration has just announced new protections for eligible non-borrowing spouses, including for cases where a HECM borrower has resided in a healthcare facility for more … more FHA Expands Protections for Eligible NBS
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.
HMBS April 2021: April Showers of HMBS
HMBS issuers posted a very strong April with nearly $1.1 billion in new issuance, the second month of the post-LIBOR era. February 2021 was the last month in … more HMBS April 2021: April Showers of HMBS
Scott Norman, Finance of America Reverse
While attending the University of Texas on a track and field scholarship, Scott Norman suffered an injury that ended his sports career, but that closed door opened a … more Scott Norman, Finance of America Reverse
What Is the Average Retirement Savings By State?
In a new study, Personal Capital scanned the country to find out how people’s retirement savings stacked up. Researchers analyzed the retirement accounts of its 2.8 million dashboard … more What Is the Average Retirement Savings By State?
NY Times: 68.4 Percent of 55+ Households In Debt, But Solutions Exist
The Employee Benefit Research Institute says the share of households headed by someone 55 or older with debt — from credit cards, mortgages, medical bills and student loans … more NY Times: 68.4 Percent of 55+ Households In Debt, But Solutions Exist
Update on HECM Counseling Certificate
NRMLA was contacted by HUD’s Office of Housing Counseling’s Senior Housing Program Specialist who asked us to advise our membership that the “Certificate of HECM Counseling” is still … more Update on HECM Counseling Certificate
Op-ed: More Boomers ‘Upsizing’ Their Homes in Retirement
Fueled by low interest rates and strong stock market returns, an increasing percentage of retirees are bucking a long-time trend and buying bigger homes in retirement, according to … more Op-ed: More Boomers ‘Upsizing’ Their Homes in Retirement
NRMLA Submits Servicing and LIBOR Transition Comments to HUD
NRMLA submitted two sets of comments to the Department of Housing and Urban Development this week, one letter confirming that certain HUD forms once used by servicers are … more NRMLA Submits Servicing and LIBOR Transition Comments to HUD
Protect Your Clients During Financial Literacy Month
April is Financial Literacy Month, and in recognition, the National Council on Aging published an article that highlights eight tips for seniors to protect themselves from money scams. … more Protect Your Clients During Financial Literacy Month
Experts Discuss Post-COVID Retirement Trends
In his latest column, retirement expert Robert Powell summarized key takeaways from a recent Merrill Lynch Wealth Management webinar that highlighted how the COVID-19 pandemic has accelerated many trends … more Experts Discuss Post-COVID Retirement Trends
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