Next HOPE NOW Event in California Scheduled for September 16

The HOPE NOW Alliance will conduct its fourth educational seminar this year in Southern California for reverse mortgage borrowers and their families on September 16 at the West Covina Senior Center, located near downtown Los Angeles. The HOPE NOW Alliance is partnering with ClearPoint Credit Counseling Solutions in 2017 to conduct five reverse mortgage assistance events in California. The … more Next HOPE NOW Event in California Scheduled for September 16

GSA Releases Cognitive Impairment Toolkit

The Gerontological Society of America, America’s oldest and largest interdisciplinary organization devoted to research, education and practice in the field of aging, published a free online toolkit that can help professionals detect potential signs of cognitive impairment. The 182-page toolkit is focused on the KAER model, first introduced in a 2015 report from the Society’s … more GSA Releases Cognitive Impairment Toolkit

NRMLA Discounts for MIDEX, LexisNexis Risk Solutions

NRMLA and LexisNexis Risk Solutions(R) have announced a formal agreement to encourage broad participation in the LexisNexis(R) Mortgage Industry Data Exchange (MIDEX), the leading industry-contributed repository used for verifying, credentialing and monitoring professionals and companies. LexisNexis® MIDEX® contains information from over 14,000 data sources, consisting of public administrative and legal sanctions reported by more than 200 … more NRMLA Discounts for MIDEX, LexisNexis Risk Solutions

Meet MIDEX: A Tool of Integrity

NRMLA Teams with LexisNexis for more watchdogging In the May/June 2017 issue of Reverse Mortgage Magazine, author Marty Bell provides details on NRMLA’s new relationship with LexisNexis which includes discounted access to the MIDEX tool. MIDEX collects billions of public and non-public records to provide a thorough and dependable source of the past history of … more Meet MIDEX: A Tool of Integrity

NRMLA and NAIPC Help Seniors Identify, Report Financial Fraud with New Online Resources

Today, as part of World Elder Abuse Awareness Day (WEAAD), NRMLA and the National Aging in Place Council launched new consumer webpages to help older adults, and their loved ones, recognize the signs of abuse and report instances of financial fraud and exploitation to the appropriate authorities. Through their combined audience of more than 36,000 monthly … more NRMLA and NAIPC Help Seniors Identify, Report Financial Fraud with New Online Resources

Understanding HECM Tax Deductions

In his latest Nerds Eye View column, titled The Taxation Of Reverse Mortgage Loan Proceeds And Interest Payments, blogger, tax specialist and financial planner Michael Kitces explains the various tax deductions that may apply to reverse mortgages. While most reverse mortgage professionals are aware that interest paid over the life of the loan can be … more Understanding HECM Tax Deductions

April is Financial Literacy Month

Since 2003, the U.S. has recognized April as Financial Literacy Month, which aims to raise public awareness about the importance of financial education and the serious consequences associated with a lack of understanding about personal finances. Throughout the month, schools, non-profits and financial professionals will shine a spotlight on the value of financial and economic … more April is Financial Literacy Month

Helping Your Clients Who Are In Default

This list represents the agencies currently known to provide HECM default counseling and may not be all inclusive. Greenpath (888) 860-4167 Money Management International (866) 765-3328 National Foundation for Credit Counseling (866) 363-2227 NeighborWorks America (888) 990-4326 Housing Option Provided for the Elderly (773) 262-7801 The next time one of your past clients calls you … more Helping Your Clients Who Are In Default