The non-profit HOPE Now Alliance has organized free counseling for families in Puerto Rico who were impacted by Hurricane Maria and need help with their reverse mortgages. Counselors … more Reverse Mortgage Assistance in Puerto Rico
Resources
FHA Eliminates Inspector Roster
A new final rule (Docket No. FR-5457-F-02) from the Federal Housing Administration streamlines inspection requirements for FHA single-family mortgage insurance by eliminating the FHA Inspector Roster. According to … more FHA Eliminates Inspector Roster
Now on Facebook: What is a Reverse Mortgage?
Watch and share this brief video introduction to reverse mortgages on NRMLA’s Facebook page. The 86-second video links to NRMLA’s consumer education website www.reversemortgage.org. A version of “What is a Reverse … more Now on Facebook: What is a Reverse Mortgage?
Recognize & Report Elder Financial Abuse
A new consumer brochure from the National Reverse Mortgage Lenders Association helps seniors and their loved ones recognize common scams and signs of financial exploitation. The free resource … more Recognize & Report Elder Financial Abuse
CT Governor Signs Reverse Mortgage Counseling Bill
Connecticut Governor Dannel Patrick Malloy signed reverse mortgage counseling legislation into law this week that emulates existing rules mandated under the federal Home Equity Conversion Mortgage program. The … more CT Governor Signs Reverse Mortgage Counseling Bill
It’s not time to get out of the business; it’s time to get out and talk to more people
It was part pep talk, part information sharing. For almost two hours, a panel of veteran loan originators spoke to attendees of NRMLA’s 2018 Eastern Regional Meeting in … more It’s not time to get out of the business; it’s time to get out and talk to more people
NRMLA Article: Reverse Mortgages Can Help Caregivers Pay for Parents’ Long-Term Care Needs
As part of our ongoing consumer outreach efforts, NRMLA distributed a feature article that helps educate families who are struggling to pay for their parents’ homecare needs about … more NRMLA Article: Reverse Mortgages Can Help Caregivers Pay for Parents’ Long-Term Care Needs
HUD Committed to Helping HECM Borrowers Who Are Facing Default
The Department of Housing and Urban Development remains committed to operating the HECM program on a fiscally sound basis and to providing greater assistance for reverse mortgage borrowers … more HUD Committed to Helping HECM Borrowers Who Are Facing Default
HUD Announces Vacancies On Housing Counseling Federal Advisory Committee
The Department of Housing and Urban Development published a Federal Register Notice (Docket No. FR-5858-N-09) announcing its intent to fill eight vacancies on the Housing Counseling Federal Advisory … more HUD Announces Vacancies On Housing Counseling Federal Advisory Committee
Free Webinar Training for HUD Housing Counselors
Housing counseling agencies can learn about funding opportunities, including HUD programs and non-HUD sources, that can be used to enhance counseling services, during an online webinar hosted by the Department … more Free Webinar Training for HUD Housing Counselors