Reference Section

Gallup: Most U.S. Employed Adults Plan To Work Past Retirement Age

Nearly two-thirds of American workers say they plan to work past retirement age, but on a part-time basis, according to Gallup’s Economy and Personal Finance survey, conducted April 5-9. However, fewer Americans said they will work full-time and more of them said they will stop working altogether. When the same survey was conducted in 2011, … more Gallup: Most U.S. Employed Adults Plan To Work Past Retirement Age

Preparation for Loan Review System Go-Live on May 15th

There is less than one week remaining before the implementation of the Federal Housing Administration’s Loan Review System (LRS). When LRS goes live on May 15, lenders will use the system for all new post-endorsement loan reviews and other quality control functions for Single Family Title II mortgages (which includes Home Equity Conversion Mortgages). During … more Preparation for Loan Review System Go-Live on May 15th

Combating Isolation and Loneliness

The Senate Select Committee on Aging held a hearing on April 27 that examined the consequences of isolation and loneliness among America’s aging population and explored programs and resources for at-risk adults. “The consequences of isolation and loneliness are severe: negative health outcomes, higher health care costs and even death. The root problem is one … more Combating Isolation and Loneliness

NRMLA Makes Big Impact with Education Week Outreach

    With a mission of raising awareness and acceptance of reverse mortgage loans among related professionals and consumers, NRMLA’s second annual Reverse Mortgage Education Week was a success on every level. NRMLA’s widely promoted webinar series attracted more than 1,100 registrants including financial planners, in-home care professionals and executives, real estate agents, staff from … more NRMLA Makes Big Impact with Education Week Outreach

Listen: Silver Divorce: Home Equity Strategies for Separating Spouses

Silver Divorce: Home Equity Strategies for Separating Spouses A Reverse Mortgage Education Week webinar for financial advisors, attorneys, and mediators This webinar is free and open to all interested professionals Friday, April 28 1:00 pm to 2:00 pm ET Watch the recording Speakers: Jamie Hopkins, Esq., MBA, LLM, CLU, RICP Associate Professor of Taxation American … more Listen: Silver Divorce: Home Equity Strategies for Separating Spouses

TN Implements Further Regulations on Authorization Requirements for Reverse Mortgage Lenders

By Weiner Brodsky Kider, PC The Tennessee Home Equity Conversion Mortgage Act (“HECMA”, Tenn. Code Ann. § 47-30-101, et seq.) has and continues to require mortgage lenders that wish to engage in the business of making reverse mortgages in Tennessee to submit an application to the Tennessee Department of Financial Institutions (“DFI”) and obtain authorization … more TN Implements Further Regulations on Authorization Requirements for Reverse Mortgage Lenders