The following section lists the primary regulations pertaining to the FHA’s Home Equity Conversion Mortgage Program, used by compliance, underwriting and servicing staff.
Reverse mortgage professionals will soon be able to complete annual National Mortgage Licensing System (NMLS) continuing education requirements online with industry-specific courses led by live instructors via webinar. NRMLA is partnering with web-based education platform LoanOfficerSchool.com to offer its members convenient access to a curriculum developed by subject matter experts and approved to meet loan … more Online Reverse Mortgage CEs Begin Oct. 19 – Including Ethics!
The California Department of Business Oversight (DBO) recently issued an Interpretative Letter regarding the cooling off period for reverse mortgage application processing as governed under the California Civil Code. In the Interpretative Letter, the DBO provides guidance regarding whether a lender may take a reverse mortgage loan application prior to the expiration of the seven-day … more Guidance on California’s “Cooling Off” Period
A new advertorial from NRMLA, “Today’s Reverse Mortgages: Flexible, With a Lot of Built-in Protection” will appear in the October 2017 issue of Kiplinger’s Personal Finance magazine, a publication that reaches nearly 1.7 million readers including 600,000 subscribers. In the article, NRMLA President and CEO Peter Bell responds to six questions that consumers commonly ask … more NRMLA Answers Top Reverse Mortgage Questions in Kiplinger’s
LexisNexis Risk Solutions and NRMLA are proud to offer NRMLA companies an exclusive discounted subscription to the LexisNexis suite of risk solutions including the Mortgage Industry Data Exchange (MIDEX), the leading industry-contributed repository used for verifying, credentialing and monitoring professionals and companies. We encourage NRMLA member companies to subscribe to MIDEX and use it to … more LexisNexis Subscription Discounts Now Available
NRMLA has developed the following Member Logo that you can use on your business cards, web site, and other marketing materials.
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 President Peter Bell blogs about the new Borrow with Confidence Pledge that all new and existing members need to sign in the coming weeks, and abide by, to maintain their membership.
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
Next Thursday, June 15, communities throughout the United States, and across the globe, will observe World Elder Abuse Awareness Day. This year’s theme will be “Understand and End Financial Abuse of Older People: A Human Rights Issue.” Started by the International Network for the Prevention of Elder Abuse and the World Health Organization at the United … more World Elder Abuse Day Is June 15