NRMLA President Steve Irwin submitted a letter to the President of the Massachusetts Senate, state Senator Karen Spilka, urging her to support legislative efforts to allow borrowers to … more NRMLA Urges MA Lawmaker to Support Telephone/Video Counseling
Reference Section
White House Budget Forecasts Strong HECM Performance
The Biden Administration released appendices to its Fiscal Year 2024 proposed budget this week that predicted strong economic numbers for the Home Equity Conversion Mortgage program for the … more White House Budget Forecasts Strong HECM Performance
HMBS February 2023 Part II: Waiting For Issuer 43
HMBS payoffs remained low in February, as Mandatory Purchases continued to rise and natural payoffs remained at less than a 7% per annum rate. February payoffs totaled about … more HMBS February 2023 Part II: Waiting For Issuer 43
Using a Reverse Mortgage to Buy a Home: A Toolkit for Real Estate Agents
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Member Spotlight: Keith Morgan, CRMP, Mutual of Omaha Mortgage
To help our members get to know one another, NRMLA will publish periodic Member Spotlights that feature professionals from across the reverse mortgage ecosystem. Meet Keith Morgan, CRMP, … more Member Spotlight: Keith Morgan, CRMP, Mutual of Omaha Mortgage
Census: Disasters Displaced More Than 640K Older Americans in 2022
An estimated 3.4 million adults, including 646,443 individuals aged 65 and older, were forced to evacuate their homes in the past year because of a natural disaster, according … more Census: Disasters Displaced More Than 640K Older Americans in 2022
HUD Publishes LIBOR Transition Final Rule
The Department of Housing and Urban Development published a final rule today that replaces the London Interbank Offered Rate (LIBOR) as an approved index for new and existing adjustable-rate forward … more HUD Publishes LIBOR Transition Final Rule
Tracking State Legislation
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Survey: Retirees Lost Ten Percent of Their Savings in 2022
The average retiree has $170,726 saved for retirement, or about ten percent less than the $191,659 they had at the start of 2022, according to a new Clever Real … more Survey: Retirees Lost Ten Percent of Their Savings in 2022
Reverse Mortgage in The News
In this section, we have provided links to some of the more favorable stories published in regional and national newspapers during the past year. AdvisorHub.com-February 23, 2023 How … more Reverse Mortgage in The News
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