Sue Milligan, CRMP, began her career in financial services as a bank teller in 1982, advancing to branch manager before she decided to become a mortgage loan originator … more Member Spotlight: Sue Milligan, CRMP, First Choice Loan Services Inc.
Resources
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
Key HECM Regulations and Resource Materials
The following section lists the primary regulations pertaining to the FHA’s Home Equity Conversion Mortgage Program, used by compliance, underwriting and servicing staff.
Member Spotlight: Christina Harmes, CRMP, C2 Reverse
Christina Harmes, CRMP, is a reverse mortgage specialist and assistant national director at C2 Reverse, a division of C2 Financial Corporation, in San Diego. While in high school … more Member Spotlight: Christina Harmes, CRMP, C2 Reverse
Member Spotlight: Barry Scoles, Thrive Mortgage, LLC
Barry Scoles has been a professional mortgage loan originator in Colorado since 1994. In 2003, Barry was introduced to the reverse mortgage program, and since then has devoted … more Member Spotlight: Barry Scoles, Thrive Mortgage, LLC
Member Spotlight: Laura Kiel, Shares Advice on Preparing for the CRMP Exam
Laura Kiel, along with Dan, her husband of 50 years, founded Kiel Mortgage, Inc., based in Kent, WA, in 1996. While Laura is an expert in many loan … more Member Spotlight: Laura Kiel, Shares Advice on Preparing for the CRMP Exam
What You Need to Know About Manufactured Homes
Following is an article that explains some of the issues you need to be aware of when working with a client who lives in a manufactured home.
Member Spotlight: Sabra Richens, FSI Mortgage, Reflects On 20 Years Originating Reverse Mortgages
Sabra Richens entered the mortgage business in 1986. She has worked in many different areas, including servicing, collections and foreclosures. After joining Salt Lake City-based FSI Mortgage in … more Member Spotlight: Sabra Richens, FSI Mortgage, Reflects On 20 Years Originating Reverse Mortgages
Member Spotlight: Lance Canada, CRMP, Victorian Finance
Lance Canada, CRMP, originates reverse mortgages for Victorian Finance in Durham, NC. After operating a small business for 18 years, Lance entered the mortgage business 22 years ago … more Member Spotlight: Lance Canada, CRMP, Victorian Finance
Taking the Fear Out of Trusts & Powers of Attorney
In states like Florida and California with large senior populations, an increasing number of elderly homeowners are placing all or most of their assets—including their home—into a trust for tax and estate planning purposes.