NRMLA, with input from the Executive Committee, submitted comments this week to the sponsors of Oregon Senate Bill 534. SB 534 caps the percentage of equity a reverse mortgage … more NRMLA Offers Compromise to Protect Proprietary Reverse Mortgages
Reference Section
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
97.1 Percent of Retirement-Age Americans Have Nonmortgage Debt
A new LendingTree analysis finds that 97.1 percent of U.S. adults between the ages of 66 to 71 have nonmortgage debt. Why it matters: The study examines what … more 97.1 Percent of Retirement-Age Americans Have Nonmortgage Debt
Prudential Survey Suggests Knowledge Gap Around Retirement Saving Best Practices
While saving for retirement is the top financial priority for 88 percent of Americans, a new survey from global financial company Prudential Financial Group shows a disconnect between … more Prudential Survey Suggests Knowledge Gap Around Retirement Saving Best Practices
State and Local Issues Committee to Review Pending Bills
Legislation has been introduced in Oregon, New York and Hawaii that would impact reverse mortgage companies. Oregon Senate Bill 534 caps the percentage of total equity a reverse … more State and Local Issues Committee to Review Pending Bills
Reverse Mortgage Self-Evaluation: A Checklist of Key Considerations
Reverse mortgages are a versatile financial tool that nearly a million homeowners have used to age-in place, and for other reasons. However, like any financial product, reverse mortgages … more Reverse Mortgage Self-Evaluation: A Checklist of Key Considerations
Do Older Adults Understand Healthcare Risks, and Do Advisors Help?
Despite the advice they may be getting from their financial advisors, a new Issue Brief from the Center for Retirement Research at Boston College shows that older households … more Do Older Adults Understand Healthcare Risks, and Do Advisors Help?
Baby Boomer Women Deciding the Fate of Trillions of Dollars
A record number of Americans turn 65 this year, and more women are set to outlive their husbands as female lifespans lengthen relative to men’s. As a result, … more Baby Boomer Women Deciding the Fate of Trillions of Dollars
Regulatory freeze implemented across federal agencies
As was anticipated, and is typical of a change in presidential administrations, President Donald Trump issued a memorandum that implemented a regulatory freeze across all executive departments and agencies. … more Regulatory freeze implemented across federal agencies
Member Spotlight: George Morales, Mortgage Cadence
To help our members get to know one another, NRMLA publishes periodic Member Spotlights featuring professionals from across the reverse mortgage ecosystem. Meet George Morales, National Sales Director … more Member Spotlight: George Morales, Mortgage Cadence
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