Financial Assessment is still working. Now in its sixth year, FHA’s policy of requiring the financial assessment (FA) of borrowers’ ability to pay has cut tax and insurance … more Financial Assessment Is Working (Part VI)
Reference Section
Servicing Corner: Being Out of the Home For Extended Periods
NRMLA publishes the “Servicing Corner” so that we can better educate our readers on the most commonly asked questions that loan officers ask about HECM servicing guidelines. This … more Servicing Corner: Being Out of the Home For Extended Periods
Compliance Corner: Ordering the Counseling Session
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Servicing Corner: Can I Sign the Occupancy Certificate For My Mom?
Weekly Report has added a new section called the “Servicing Corner” so that we can better educate our readers on the most commonly asked questions that loan officers … more Servicing Corner: Can I Sign the Occupancy Certificate For My Mom?
Vanessa White, Eastern Regional Sales Manager, Reverse Mortgage Funding LLC
Every successful lender has a sales manager (or team of sales managers) who educates, motivates and supports a team of loan originators. Vanessa White was a young operations … more Vanessa White, Eastern Regional Sales Manager, Reverse Mortgage Funding LLC
A Pledge to Reverse Mortgage Borrowers
NRMLA President Peter Bell blogs about the new Borrow with Confidence Pledge that all new and existing members need to sign in the coming weeks, and abide by, to maintain their membership.
Choosing the Right Home Environment
Should I Stay Or Should I Go? This consumer toolkit from the National Reverse Mortgage Lenders Association will help older homeowners consider whether their current home environment will best … more Choosing the Right Home Environment