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2015 Annual Meeting & Expo

11/16/2015 - 11/18/2015

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National Reverse Mortgage Lenders Association
cordially invites you to
our 2015 Annual Meeting & Expo

The Golden Gate to Retirement:
Reverse Mortgages & Funding Longevity

NRMLA’s Annual Meeting & Expo is the largest annual gathering of reverse mortgage professionals.

Subject matter experts will discuss important matters related to financial assessment, servicing, marketing, retirement issues, and academic research on reverse mortgages provided by Stephanie Moulton of Ohio State University and Tom Davidoff of the University of British Columbia.

We are also honored to have joining us Nora Dowd Eisenhower, Assistant Director of the Office for Older Americans at the Consumer Financial Protection Bureau, and Kathleen Zadareky, Deputy Assistant Secretary for Single-Family Housing at the Department of Housing and Urban Development.

Over 550 of your colleagues have registered so far, from 200 firms in 33 states and the District of Columbia.

Join your colleagues from around the country at The Golden Gate to Retirement Security: Reverse Mortgages and Longevity, as we take a progressive look at the future of our industry.

Book your room at The Palace Hotel

Palace Hotel


Note: The room block at The Palace Hotel is filled, but you can still get a room at the nearby Sir Francis Drake or Kimpton Buchanan
.

Volunteer at Curry Senior Center

Curry Senior Center
Click photo

Play in the 2nd Annual Reverse
Scramble (Sold Out)

presidio-overhead-retouch-1
Click photo

 

Questions? Contact Darryl Hicks, at dhicks@dworbell.com

Show Full Agenda

Sunday, November 15

Time Description
7:00am

Curry Senior Center Volunteer Project

11:00am

2nd Annual Reverse Scramble Golf Tournament

1:00pm

Registration hours

Monday, November 16

Time Description
7:30am

Registration hours

7:30am

THE BRIDGE networking lounge – Sunset Court

Meet at The Bridge, NRMLA’s networking lounge, to power up your devices and connect with fellow attendees. Sponsored by Fidelity Homestead Associates, PCV Murcor and Premier Reverse Closings.

9:00am

HECM Counseling: An Invaluable Consumer Protection (Sponsored by Celink)

Mandatory counseling is unique to the reverse mortgage program and arguably its most critical component. We begin this year’s annual meeting with a panel of experienced FHA-approved HECM counselors who will reinforce their roles and responsibilities under FHA’s counseling protocol, discuss current issues and trends, and other retirement tools, besides the HECM, that can assist elderly clients in need.

Moderator: Brett Kirkpatrick, Harbor Mortgage Solutions, Braintree, MA

Presenters:

  • Amy Ford, National Council on Aging, Washington, DC
  • Claudia Fehribach, Debthelper.com, West Palm Beach, FL
  • Jennifer Cosentini, Cambridge Credit Counseling Corp., Agawam, MA
9:00am

2 Hour SAFE CE Non-Traditional: New Due and Payable Timelines and Loss Mitigation Options

Loan administration policies and procedures have seen significant changes in 2015. It is critically important that loan originators properly establish client expectations in light of these policy changes. This course trains loan originators on recent changes to the allowable loss mitigation options and the new due and payable requirements so the end client’s expectations can be more properly aligned with the servicing practices.

Presenters:

  • Linda Bridges, Wells Fargo Home Mortgage, Fort Mill, SC
  • Ryan LaRose, Celink, Lansing, MI
  • Leslie Flynne, Reverse Mortgage Solutions, Spring, TX

2-Hour Non-Traditional CRMP logo Trademarked 150px wide

10:30am

The Right Home

What are the real options for downsizing? What are the options for home modification? What are the real costs of each and how do you pay for them?

Presenter:

  • Steve Weaver, EASE, Inc., Auburn, CA
  • Laura Simpson, Supporting Change, Santa Ana, CA
11:30am

CRMP Meeting (By invitation only. Lunch provided.)

NRMLA envisions a special role for Certified Reverse Mortgage Professionals as we formulate our public relations plans for 2016. All current CRMPs are welcome to join us and find out how you can assist us.

11:30am

Education Committee (By invitation only. Lunch provided.)

12:00pm

Networking Lunch

1:00pm

Opening General Session— Grand Ballroom (Sponsored by Urban Financial of America)

Welcome Remarks from Peter Bell, President & CEO, National Reverse Mortgage Lenders Association, Washington, DC

Supporting the Curry Senior Center
Throughout 2015, NRMLA has focused on the theme of “Helping More People.” As a demonstration of this effort, NRMLA’s Sarah Aaronson introduces the Curry Senior Center, a non-profit organization serving homeless and low-income seniors in San Francisco’s Tenderloin district. Executive Director Dave Knego and resident Diane Evans will talk about how the Curry Senior Center improves the lives of local residents.

Keynote Speaker featuring Kathleen Zadareky, Deputy Assistant Secretary for Single Family Housing, U.S. Department of Housing and Urban Development, Washington, D.C.

NRMLA is honored to welcome back Ms. Zadareky, who is directly responsible for managing the daily operation of the HECM program. She will assess the current state of the program and discuss her priorities for 2016.

Industry Insights from NRMLA’s Leadership
NRMLA’s Executive Committee will summarize key takeaways from the past year and where they see the business headed.

  • Joe DeMarkey, Reverse Mortgage Funding, Bloomfield, NJ
  • Reza Jahangiri, AAG, Orange, CA
  • Jason McNamara, Celink, Lansing, MI
  • Sherry Apanay, Urban Financial of America, Tulsa, OK
  • Mark Browning, HomeChex, Rochester, NY
3:00pm

Sales Distribution Channels and Configurations (Sponsored by AAG)

Reverse mortgage companies rely on different models to originate loans, including direct to consumer, call centers, and wholesale channels. We’ll have a lively discussion between panelists and audience participants discussing the pros and cons of these channels.

Moderator: Adrian Prieto, AAG, Orange, CA

Presenters:

  • Kevin Blakeney, AAG, Garden City, NY
  • Richard Thorpe, Reverse Mortgage Funding, Newburgh, NY
  • Paul Scheper, Liberty Home Equity Solutions, Coto de Caza, CA
  • Scott Norman, Urban Financial of America, Austin, TX
  • Nancy Pedone, Responsible Reverse Mortgage, Inc., West Palm Beach, FL
3:00pm

2 Hour SAFE CE: Consumer Protections for Reverse Mortgage Clients-Familiarizing With Fair Lending Laws

This course provides instruction on the safeguards put into place to protect consumers who inquire or apply for the Home Equity Conversion Mortgage. Focus will be placed on ethics, awareness of fraud, consumer protections put into place by the reverse mortgage industry, and a review of Fair Lending laws applicable to said consumers.

Presenters:

  • Lorraine Geraci, Urban Financial of America, Huntersville, NC
  • Mary Katherine Quasarano, Celink, Lansing, MI

2-Hour Ethics CRMP logo Trademarked 150px wide

4:00pm

Marketing and Advertising for Originators and Brokers (Sponsored by Mortgage Information Services, Inc.)

How do you develop an effective marketing plan? How are financial resources allocated? What marketing approaches are working and which are not in today’s environment? We invited a panel of smaller-sized originators to address these questions.

Moderator: Jenny Werwa, NRMLA, Washington, DC

Presenters:

  • Darius Aram, ARAMCO, Carlsbad, CA
  • Loren James Riddick, Peoples Home Equity, Inc., Alcoa, TN
  • Patty Wills, CRMP, Retirement Life Funding, LLC, Silver Spring, MD
  • Teresa Rose, CRMP, Senior Security Funding, Sidney, OH
5:30pm

Networking Reception sponsored by Certified Credit Reporting and LRES Corporation

7:00pm

The Art of Thankful Giving Reception & Benefit

Throughout 2015, NRMLA has been focusing on the theme of “Helping More People.”  As a demonstration of this effort, member companies who are sponsors of this year’s Annual Meeting & Expo have organized a charitable event on Monday, November 16, to raise awareness and money for the Curry Senior Center, a non-profit organization serving homeless and low-income seniors in San Francisco’s Tenderloin district.

The Art of Thankful Giving Reception & Benefit will take place at the Terra Gallery from 7 pm to 10 pm immediately following NRMLA’s opening reception. There will be a silent auction to help raise funds, or attendees can donate separately. Attendees should respond to the RSVP notice emailed on September 30 to guaranty a spot at the event.

Bus departures will begin at 6:30pm from the exit near the Gold Ballroom (exhibit hall).

Terra Gallery, 511 Harrison Street, San Francisco, CA 94105

Tuesday, November 17

Time Description
7:30am

Registration hours

7:30am

THE BRIDGE networking lounge – Sunset Court

Meet at The Bridge, NRMLA’s networking lounge, to power up your devices and connect with fellow attendees. Sponsored by Fidelity Homestead Associates, PCV Murcor and Premier Reverse Closings.

8:30am

HECM Update from Key HUD Staff (Sponsored by Reverse Mortgage Funding LLC)

FHA’s key HECM personnel will summarize important program changes made in 2015, provide program performance statistics, and discuss future priorities.

Presenters:

  • Karin Hill, Senior Policy Advisor, U.S. Department of Housing and Urban Development, Washington, D.C.
  • Sally Bene’, National Servicing Center, U.S. Department of Housing and Urban Development, Tulsa, OK
  • Patrick Porter, Financial Operations Center, U.S. Department of Housing and Urban Development, Albany, NY
10:15am

1 Hour SAFE CE: Implementing Financial Assessment & Calculating LESAs (Sponsored by Reverse Mortgage Solutions)

This course offers instruction on how to properly implement the Financial Assessment and calculate the Life Expectancy Set-Aside (LESA). By resolving many of the industry concerns regarding the Financial Assessment, this course will also foster consistent application of the Financial Assessment across the reverse mortgage industry.

Moderator: Steve Irwin, Executive Vice President, NRMLA, Washington, DC

Presenters:

  • Paul Fiore, AAG, Orange, CA
  • Elly Johnson, Reverse Mortgage Solutions, Hiram, GA
  • Britany Luth, Urban Financial of America, Atlanta, GA
  • Tracy Milligan, One Reverse Mortgage, San Diego, CA
  • Phillip Caulfield, U.S. Department of Housing and Urban Development, Philadelphia, PA

FA NMLS course CRMP logo Trademarked 150px wide

10:15am

Using Reverse Mortgages to Finance Aging in Place

Aging in place is not just remaining in your home; it requires a steady flow of services to enable you to age in place. What are the services aging adults most commonly need? And how do they access them and pay for them?

Moderator: Marty Bell, NRMLA, Washington, DC

Presenters:

  • Sherwin Sheik, Carelinx, San Mateo, CA
  • Kate Hoepke, San Francisco Village, San Francisco, CA
  • Jeff Maltz, Silver Ride, San Francisco, CA
11:45am

The Return of The Proprietary Product: What it Means for Borrowers, Lenders, Investors, and the FHA

Private sector reverse mortgage products are reemerging in the marketplace after a five-year absence. The chief executives from AAG and Urban Financial offer their insights on what this means for the marketplace.

Moderator: Michael McCully, New View Advisors, New York, NY

Presenters:

  • Reza Jahangiri, AAG, Orange, CA
  • Steve McClellan, Urban Financial of America, Tulsa, OK
12:45pm

Keynote Luncheon

Guest Speaker: Nora Dowd Eisenhower, Assistant Director for the Office of Older Americans, Consumer Financial Protection Bureau, Washington, DC

2:15pm

3 Hour SAFE CE: Federal Regulatory and Compliance Changes That Impact Reverse Mortgage Lenders (Sponsored by Liberty Home Equity Solutions)

NRMLA’s legal counsel will lead a panel discussion that includes subject matter experts from FHA and the reverse mortgage industry that summarizes recent federal and state legislative and regulatory changes and what those changes mean to reverse mortgage loan officers and business owners.

Moderator: James Brodsky, Weiner Brodsky Kider, PC, Washington, DC

Presenters:

  • James Milano, Weiner Brodsky Kider, PC, Washington, DC
  • Daniel Mooney, Senior Single Family Housing Specialist, U.S. Department of Housing and Urban Development, Santa Ana, CA
  • Dan Hultquist, CRMP, Open Mortgage, LLC, Douglasville, GA

3-Hour SAFE CRMP logo Trademarked 150px wide

2:15pm

How Reverse Mortgages Support Healthcare Expenses

How has the Affordable Care Act changed the responsibilities for paying for healthcare? How do financial advisors help you plan for healthcare costs 20 or 30 years down the line?

Presenters:

  • Beth Southorn, Executive Director, LifeSTEPS, Fair Oaks, CA
  • Luz Johnson, LPL Financial, Roseville, CA
  • Marty Lynch, LifeLong Medical Care, Berkeley, CA
3:30pm

Becoming a Certified Reverse Mortgage Professional

If you are pursuing the CRMP designation, or have it already, we invite you to participate in this special learning session to find out the best strategies for earning and maintaining the credential.

5:15pm

Servicing Committee Meeting (By invitation only.)

Wednesday, November 18

Time Description
8:00am

Registration hours

8:30am

THE BRIDGE networking lounge – Sunset Court

Meet at The Bridge, NRMLA’s networking lounge, to power up your devices and connect with fellow attendees. Sponsored by Fidelity Homestead Associates, PCV Murcor and Premier Reverse Closings.

9:30am

Major Research Findings on Satisfaction and Acceptance of Reverse Mortgages

NRMLA welcomes three distinguished researchers, Drs. Stephanie Moulton, Thomas Davidoff and Barry Sacks. Dr. Moulton will share information about consumers’ motivations for seeking a reverse mortgage and satisfaction levels. Dr. Davidoff will discuss a paper he co-authored that shows while awareness of reverse mortgages is high, knowledge is low. And Dr. Sacks completed a new research paper on how the income tax deduction for the accrued interest on reverse mortgages can most effectively be claimed and used.

Moderator: Peter Bell, NRMLA, Washington, DC

Presenters:

  • Stephanie Moulton, Associate Professor, John Glenn School of Public Affairs, Ohio State University, Columbus, OH
  • Thomas Davidoff, Associate Professor, Sauder School of Business, University of British Columbia, Vancouver, Canada
  • Barry Sacks, PhD, JD, San Francisco, CA
10:30am

An Update on NRMLA Activities

What does NRMLA do on your behalf? The current co-chairs and NRMLA’s executive management will highlight some of this year’s achievements and what we have planned for next year. NRMLA members must also ratify the Nominating Committee Report and formally elect a new Board of Directors for the 2016 term.

Moderator: Peter Bell, NRMLA, Washington, DC

Presenters:

  • Joe DeMarkey, Reverse Mortgage Funding, Bloomfield, NJ
  • Reza Jahangiri, AAG, Orange, CA
  • Steve Irwin, NRMLA, Washington, DC
  • Marty Bell, NRMLA, Washington, DC
  • Jenny Werwa, NRMLA, Washington, DC
12:00pm

Annual Meeting Concludes

1:30pm

An Explanation of the NRMLA Code of Ethics & Its Impact on Our Daily Routine

Attendance at this workshop is mandatory for any person who is pursuing the Certified Reverse Mortgage Professional designation, as well as current designees who are in their third year and need to recertify. A $30 fee is charged.

Presenters:

  • James Brodsky, Weiner Brodsky Kider, PC, Washington, DC
  • Craig Barnes, CRMP, Reverse Mortgage Funding LLC, Bloomfield, NJ
  • Jud Lyman, Liberty Home Equity Solutions, Rancho Cordova, CA
  • Lorraine Geraci, Urban Financial of America, Huntersville, NC
  • Dan Hultquist, CRMP, Open Mortgage, Douglasville, GA

Last modified:

Cutoff Date NRMLA Member Non-Member
Pre-Sale
August 14, 2015
$625.00 $875.00
Early Registration
September 18, 2015
$725.00 $995.00
Regular Rate
November 15, 2015
$825.00 $1,125.00
Onsite Registration
November 18, 2015
$995.00 $1,275.00

Diamond Sponsor

Gold Sponsor

Networking Reception

Networking Lounge

Details

Start:
11/16/2015
End:
11/18/2015

Venue

The Palace Hotel
2 New Montgomery Street
San Francisco, CA 94105
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