Executive Vice President Steve Irwin will discuss the importance of reverse mortgage counseling at a public event hosted by the Housing Counseling Federal Advisory Committee next Tuesday, March 14, in Washington, DC. The meeting will last from 8:30 am to 5:30 pm and is open to the general public. Advance registration is required using the … more NRMLA EVP to Address Housing Counseling Event
Last week’s webcast on HECM for Purchase coordinated by NRMLA, and hosted by the National Association of REALTORS®, can be downloaded and shared with your Realtor friends. NRMLA collaborated with NAR to develop a webcast for Realtors that featured Scott Trembley, CEO of The Trembley Group, a real estate firm based in Myrtle Beach, S.C., … more Webcast Video: Using a Reverse Mortgage to Buy a Home
The Senate Special Committee on Aging invited representatives from the Internal Revenue Service, Federal Trade Commission and a Pennsylvania-based community organization to a public hearing this week to discuss efforts by law enforcement agencies to combat financial fraud and protect older Americans from being scammed. In videotaped testimony before the committee, an 81-year-old man from … more Stopping Senior Scams
The HOPE NOW Alliance and ClearPoint Credit Counseling Solutions are collaborating on a one-year pilot program that assists homeowners in California who have reverse mortgage issues, concerns and questions. Five public events are being organized, beginning in March, and lasting throughout the year. “The goal is to create face-to-face interactive events where participants can gain … more New Collaboration Focuses on CA Borrowers
The Department of Health and Human Services plans to soon launch a data collection program that will assist experts combating elderly exploitation, according to an article published in The Washington Post titled Elder abuse – Often the kin did it: Feds to collect data. “Unfortunately, the extent of elder abuse by guardians is relatively unknown … more Feds to Start Collecting Data for New Elder Abuse Reporting System
Reverse mortgages are a versatile financial tool that nearly a million homeowners have used to age-in place, and for other reasons. However, like any financial product, reverse mortgages should be considered carefully before deciding whether to obtain one. The National Reverse Mortgage Lenders Association’s free Reverse Mortgage Self-Evaluation poses seven questions and important considerations interested consumers should … more Reverse Mortgage Self-Evaluation: A Checklist of Key Considerations
The National Reverse Mortgage Lenders Association created, “What You Need to Know About Your HECM After Closing” to answer questions reverse mortgage loan borrowers, and their heirs, may have about their FHA-insured Home Equity Conversion Mortgage, commonly referred to as a reverse mortgage loan. This free guide explains the important role of the Loan Servicer … more What You Need to Know About Your HECM After Closing
The National Reverse Mortgage Lenders Association created, “What Do I Do When My Loan is Due?,” to walk reverse mortgage loan borrowers and their families through the end of the loan process when it is time for the loan to be repaid. This guide will help you prepare when a Maturity Event occurs and the loan … more What Do I Do When My Loan is Due?
The insidious onset of Alzheimer’s disease or other dementia can sneak up on a client and affect their ability to exercise judgment about finances. To help your clients, you need to know the red flags of diminished capacity, a basic skill anyone can learn. You can get a free checklist to help do that at … more A New Tool for Recognizing Diminished Capacity
You must be logged in to view this content.