To help foster member engagement, Weekly Report will publish periodic Member Spotlights that feature professionals from across the reverse mortgage ecosystem. In this issue, we present Regina Eldridge, director of … more Member Spotlight: Regina Eldridge, Success Mortgage Partners, Inc.
Resources
Administration Unveils Action Plan to Combat Appraisal Bias
The Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) delivered an action plan to President Biden this week that is aimed squarely at dismantling racial bias … more Administration Unveils Action Plan to Combat Appraisal Bias
Member Spotlight: David Darling, CRMP, Cherry Creek Mortgage
To help our members get to know one another, Weekly Report will publish periodic Member Spotlights that feature professionals from across the reverse mortgage ecosystem. In this … more Member Spotlight: David Darling, CRMP, Cherry Creek Mortgage
HUD Replaces FIT and Benefits Check Up
The Financial Interview Tool (FIT) used by HECM counselors to create a budget and the Benefits Check Up tool to identify local resources for reverse mortgage borrowers have … more HUD Replaces FIT and Benefits Check Up
Member Spotlight: Loren Riddick, Thrive Mortgage
To help foster member engagement, Weekly Report will publish periodic Member Spotlights that feature professionals from across the reverse mortgage ecosystem. In this issue, we present Loren Riddick, National Director … more Member Spotlight: Loren Riddick, Thrive Mortgage
CFPB Outlines Options To Prevent Algorithmic Bias In Appraisals
The Consumer Financial Protection Bureau published a 42-page paper that outlines options for ensuring that computer models used to help determine home valuations are accurate and fair. The … more CFPB Outlines Options To Prevent Algorithmic Bias In Appraisals
Member Spotlight: Gail Balettie, Celink
To help foster member engagement, Weekly Report will publish periodic Member Spotlights that feature professionals from across the reverse mortgage ecosystem. In this issue, we present Gail Balettie, … more Member Spotlight: Gail Balettie, Celink
Telephone/Video Counseling Extended in Massachusetts
Massachusetts Governor Charlie Baker signed a supplemental spending bill that reinstates video and telephone counseling for reverse mortgage borrowers until July 15, 2022. The Massachusetts Division of Banks … more Telephone/Video Counseling Extended in Massachusetts
HUD Issues HECM Exam Waiver
The Department of Housing and Urban Development issued a temporary waiver that allows reverse mortgage counselors who were required to take the HECM exam last year, but couldn’t, … more HUD Issues HECM Exam Waiver
Important HECM Counseling Updates
The Department of Housing and Urban Development announced the following updates to its housing counseling program: The HECM Roster exam is now available and can be accessed at hecmexam.org. The exam … more Important HECM Counseling Updates
[Page 2 of 11 ]