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
Resources
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
Preparing for Older Americans Month
Every May, the Administration for Community Living (ACL) leads our nation’s observance of Older Americans Month. The theme for 2021 is “Communities of Strength.” Older adults have built … more Preparing for Older Americans Month
Alec Hanson, Senior Vice President, Production, loanDepot
Social media platforms, such as LinkedIn and Facebook, provide a vital means of identifying, communicating and building relationships with referral partners and borrowers. Many of us, however, lack … more Alec Hanson, Senior Vice President, Production, loanDepot
NRMLA Comments On LIBOR Transition and H4P Improvements
On behalf of its members, NRMLA submitted comments to the Department of Housing and Urban Development requesting that lenders and servicers be given 180 days to prepare for … more NRMLA Comments On LIBOR Transition and H4P Improvements
Complying with FHA’s HECM Counseling Guidelines: Frequently Asked Questions
The most important consumer protection built into the reverse mortgage program is the requirement that a prospective borrower must first meet with an exam-qualified, independent third-party counselor approved by … more Complying with FHA’s HECM Counseling Guidelines: Frequently Asked Questions
Academy Releases Model Compliance Language For Retirement Planners
The Academy for Home Equity in Financial Planning at the University of Illinois at Urbana-Champaign released compliance guidance that financial service companies (i.e., broker/dealers) can use to update … more Academy Releases Model Compliance Language For Retirement Planners
Social Security Impostors Take Scams to the Next Level
A new article from AARP highlights how criminals have been phoning people, posing as real Social Security officials and flaunting fake badge numbers, to persuade victims to give … more Social Security Impostors Take Scams to the Next Level
Terry Connealy, President, Mutual of Omaha Mortgage
In July 2018, the reverse mortgage industry received exciting news when the acquisition of San Diego-based mortgage company Synergy One Lending and its reverse mortgage subsidiary, Retirement Funding … more Terry Connealy, President, Mutual of Omaha Mortgage
NRMLA: Targeted Advertising Should Not Be a Fair Lending Violation
In comments submitted to the Consumer Financial Protection Bureau this week, NRMLA encouraged the Bureau to clarify that age-targeted advertising is not a fair lending violation under the … more NRMLA: Targeted Advertising Should Not Be a Fair Lending Violation