Be Careful With Your Marketing

The Consumer Services Division of the Washington State Department of Financial Institutions (DFI) has charged a reverse mortgage lender with false, deceptive and misleading advertising practices. The Statement of Charges seeks a final order requiring the company to cease and desist from engaging in false advertising practices, pay a $300,000 fine, and pay an investigative … more Be Careful With Your Marketing

NRMLA Answers Top Reverse Mortgage Questions in Kiplinger’s

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

Webcast Video: Using a Reverse Mortgage to Buy a Home

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

Reverse Mortgages: Fact Vs. Fiction

A new NRMLA graphic, available for download from, ReverseMortgage.org, debunks five common misconceptions about reverse mortgages.   NRMLA explains to consumers that borrowers never lose ownership of the home, that HECM closing costs are comparable to other FHA mortgages, that borrowers never owe more than the value of the home, that having a conventional mortgage doesn’t … more Reverse Mortgages: Fact Vs. Fiction