July/August 2021 Reverse Mortgage Magazine

From the Top Scott Norman, Vice President, Field Retail and Government Relations, Finance of America Reverse By Darryl Hicks 12 Those We Help Reverse mortgage helps couple downsize By Darryl Hicks 32 Features 18 Biden to Expand Housing Equity Top FHA official says reverse mortgages could play a role By Joel Berg 22 The New Movers and Shakers Meet some of the top officials in federal housing agencies By Thomas A. Barstow 26 State Laws Can Create Conflicts Experts: Well-intended rules must be monitored closely By Thomas A. Barstow Columns 3 In Reverse Watching the watchdogs By Thomas A. Barstow 5 Steve Irwin: Moving Forward Advocacy efforts require diligence 6 Money Sense by Merrill Six classic elder fraud scams Departments 2 Scribes Meet this month’s contributors 8 What’s News Get up to date on the industry, the press and Washington, D.C. 34 Who’s Who in Reverse Mortgages Member news and profiles 36 Numbers A closer look at AAG post-2020 retirement survey results July-August 2021 Volume 14, No. 4 CRMP: Across the Kitchen Table CRMP builds career in Louisiana: A chat with Alison Calamia, CRMP, America’s Mortgage Resource By M. Diane McCormick 16 Contents PUBLISHER Peter Bell pbell@dworbell.com SENIOR EDITOR Thomas A. Barstow thomas.barstow@theYGSgroup.com ASSOCIATE EDITOR Darryl Hicks dhicks@dworbell.com MANAGING EDITOR Sam Hoffmeister samuel.hoffmeister@theYGSgroup.com COMMUNICATIONS COORDINATOR Jessica Hoefer PRESIDENT Stephen Irwin NRMLA EXECUTIVE COMMITTEE CO-CHAIRS Scott Norman, Finance of America Reverse Reza Jahangiri, AAG DESIGNER Tara Roth ADVERTISING SALES Natalie Matter Bellis natalie.matterbellis@theYGSgroup.com Reverse Mortgage is the official publication of the National Reverse Mortgage Lenders Association. The magazine is published every two months. For inquiries regarding association membership and/or magazine subscriptions, please call Darryl Hicks at 202-939-1784. Advertising and editorial inquiries should be directed to Max Lalwani (max.lalwani@theYGSgroup.com ) and Sam Hoffmeister (samuel.hoffmeister@ theYGSgroup.com), respectively. Association & Subscription Contact: National Reverse Mortgage Lenders Association 1400 16th St., NW, Suite 420 Washington, DC 20036 202-939-1760 lross@dworbell.com Industry: www.nrmlaonline.org Consumers: www.reversemortgage.org Advertising & Editorial Contact: National Reverse Mortgage Lenders Association 1400 16th St., NW, Suite 420 Washington, DC 20036 202-939-1760 ©2021 National Reverse Mortgage Lenders Association