Another byproduct of the National Reverse Mortgage Lenders Association Annual Conference in San Diego was the release of additional details regarding the Certified Reverse Mortgage Professional (CRMP) designation.  At the conference, the Independent Certification Committee (ICC) approved a passing score for the exam, the Code of Ethics that every applicant must adhere to, the manual [...]

Most reverse mortgage lenders are actively looking for ways to utilize new technology in marketing to baby boomers and a new report sponsored by AARP and Microsoft provides insight into how the group is using technology on a daily basis. Boomers and Technology: An Extended Conversation is a unique study of how the boomer generation [...]

President Obama announced the nomination of Ted Tozer for President of the Government National Mortgage Association (GNMA) last week.  The position was previously held by Joseph Murin, who stepped down in August to form a consulting company.  Tozer would bring over two decades of mortgage experience to GNMA.  Most recently, Tozer has served as the [...]

RMD will be taking a few days off for Christmas to relax and spend time with family.  Thank you to everyone for all of your support.   Merry Christmas and Happy Holidays!

The Office of the Comptroller of the Currency announced it will launch a consumer financial education campaign for US Hispanic consumers in partnership with Univision, the nation’s largest Spanish-language media company. Through the partnership, the OCC will work with Univision to develop short Public Service Announcements, or PSAs, that provide information on a range of [...]

U.S. Senator Kirsten Gillibrand announced a comprehensive plan to arm seniors with the resources they need to protect themselves from consumer fraud. According to estimates from to the Federal Trade Commission (FTC), one out of five seniors fall victim to fraud. Statewide, approximately half a million New York seniors have fallen victim to consumer fraud [...]