The following section lists the primary regulations pertaining to the FHA’s Home Equity Conversion Mortgage Program, used by compliance, underwriting and servicing staff.
Resources
HECM for Purchase: A Homebuilder’s ToolkitMembers Only
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Using a Reverse Mortgage to Buy a Home: A Toolkit for Real Estate AgentsMembers Only
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Scams and Older Consumers: Looking at the Data
(Editor’s note: The following scam alert was issued as a blog post by Federal Trade Commission attorney Lesley Fair in October and republished by the Consumer Financial Protection … more Scams and Older Consumers: Looking at the Data
Proprietary Reverse Mortgage Comparison ChartMembers Only
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Member Spotlight: Launi Cooper, CRMP, Retirement Funding Solutions
Launi Cooper has an extensive career in the real estate industry dating back to the 1970’s as a young student working for her mom. As a college student, … more Member Spotlight: Launi Cooper, CRMP, Retirement Funding Solutions
Member Spotlight: Brien Brandenberg, Retirement Funding Solutions
Brien Brandenberg started originating reverse mortgages in June 1998 in Greensboro NC as a loan officer with Norwest Mortgage, later Wells Fargo Home Mortgage. He moved into a … more Member Spotlight: Brien Brandenberg, Retirement Funding Solutions
Member Spotlight: Steve Sless, Primary Residential Mortgage, Inc.
Steven J. Sless has become a highly regarded “go-to housing wealth expert” among various media outlets. Bringing 16 years of mortgage industry experience, he runs PRMI’s first consumer-direct … more Member Spotlight: Steve Sless, Primary Residential Mortgage, Inc.
Member Spotlight: Rick Sweeney, CRMP, Open Mortgage
After retiring as a police officer, Rick Sweeney, CRMP, was introduced to reverse mortgages by a friend and the two of them started working for Financial Freedom in … more Member Spotlight: Rick Sweeney, CRMP, Open Mortgage
Member Spotlight: Loren Riddick, CRMP, Thrive Mortgage
Loren Riddick is a fifth generation native from the Smoky Mountains of East Tennessee. After earning an Associate Degree, Loren began a modeling and acting career in New … more Member Spotlight: Loren Riddick, CRMP, Thrive Mortgage