Get ready to book your tickets to “The City That Never Sleeps”—the National Reverse Mortgage Lenders Association (NRMLA) announced on Wednesday that its first conference in 2012 will be held in New York, New York. Conference goers will get a chance to take a bite out of the Big Apple on March 26 and 27, [...]

The Wall Street Journal’s James Freeman sought answers on the Federal Housing Administration’s role in the reverse mortgage industry in a video segment this week. In an interview with the National Reverse Mortgage Lenders Association president and CEO Peter Bell, Freeman explored details of the program, FHA’s role, and whether the private market may make [...]

The National Reverse Mortgage Lenders Association has embarked on the “soft launch” of a new consumer-facing website that will serve as a resource for reverse mortgage borrowers as well as lenders. Launched as part of a new consumer campaign coined “Borrow with Confidence,” the new site, www.reversemortgage.org provides in-depth resources for borrowers who are considering [...]

Some originators raised questions during an industry webinar last week as to how much qualifying is actually necessary in the process for underwriting reverse mortgage borrowers for property charges. Under guidance from the National Reverse Mortgage Lenders Association regarding the new financial assessment, it’s important to qualify the borrower, but not overcomplicate the process, the association [...]

New industry leaders have been selected to chair and serve on the National Reverse Mortgage Lenders Association board for the coming year, including several NRMLA veterans. NRMLA made the announcements during its annual national convention, which took place October 24-26 in Boston. Co-chairing the board for the 2011-2012 year are Sarah Hulbert retail business development [...]

Drawing more than 500 attendees from across the country, the National Reverse Mortgage Lenders Association annual meeting and expo that took place this week in Boston presented timely topics, access to policymakers and an important decision: the industry trade group has advised its members of recommended guidance on light underwriting for tax and insurance on [...]