The Massachusetts Division of Banks has notified licensees that in-person counseling will resume for reverse mortgages “originated from December 15, 2021.” The Division of Banks is defining “originated … more In-Person Counseling to Resume In Massachusetts
Resources
HUD Soliciting Candidates For Housing Counseling Federal Advisory Committee
The Department of Housing and Urban Development is seeking nominations to fill four vacancies on the 12-member Housing Counseling Federal Advisory Committee. New members will represent the mortgage … more HUD Soliciting Candidates For Housing Counseling Federal Advisory Committee
NRMLA Member Appointed to Counseling Advisory Committee
The Department of Housing and Urban Development appointed six new members to its Housing Counseling Federal Advisory Committee, including Carol Ann Dujanovich, Vice President and Director of Operations, … more NRMLA Member Appointed to Counseling Advisory Committee
Mandatory Transition to FHA Catalyst: Electronic Appraisal Delivery Module
The Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2021-23, which establishes mandatory transition dates for mortgagees to submit appraisals for single family forward and reverse mortgage endorsements … more Mandatory Transition to FHA Catalyst: Electronic Appraisal Delivery Module
What You Need to Know About Your HECM After Closing
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 … more What You Need to Know About Your HECM After Closing
What Do I Do When My Loan is Due?
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 … more What Do I Do When My Loan is Due?
NCOA Collaborates with Google to Remove Ageism from Advertising
The National Council on Aging (NCOA) collaborated with Google to create a set of inclusive marketing resources to ensure that older adults are more authentically represented. Google’s inclusive … more NCOA Collaborates with Google to Remove Ageism from Advertising
Agencies Release Enhanced Version of “Money Smart for Older Adults
The Consumer Financial Protection Bureau and the Federal Deposit Insurance Corporation (FDIC) announced the joint release of an enhanced version of the award-winning financial education curriculum, Money Smart … more Agencies Release Enhanced Version of “Money Smart for Older Adults
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
MA Lawmakers Approve Telephone/Video Counseling Extension
Massachusetts lawmakers passed legislation (SB 2472) that allows reverse mortgage borrowers to continue being counseled by phone or video through December 15, 2021. During the extension period, … more MA Lawmakers Approve Telephone/Video Counseling Extension
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