The National Association of Mortgage Brokers (NAMB) recently selected the senior management team of 1st Reverse Financial Services, LLC, a subsidiary of Family Federal Savings of Illinois, to create and deliver an updated Reverse Mortgage Continuing Education Course for their members.
“Education is the foundation that we have built our company upon and we are pleased to be able to assist NAMB by providing a more thorough and up-to-date course that provides mortgage brokers with the basic information needed to assist their entrance into the reverse mortgage market” said Ralph Rosynek, President of 1st Reverse. According to Terry Bivins, Executive VP of 1st Reverse, “the new Reverse Mortgage 101 Course is just the first of a four course series that was proposed to bring a full curriculum of reverse mortgage education to mortgage brokers, nationally.” Each of the new courses is slated to provide a minimum of 2 hours of CE credit for NAMB members. The courses are as follows:
- Reverse Mortgage 101 – Introduction to Reverse Mortgage Loans
- Reverse Mortgage 102 – Originating Reverse Mortgage Loans
- Reverse Mortgage 103 – Marketing Reverse Mortgage Loans
- Reverse Mortgage 104 – Processing & Underwriting Reverse Mortgage Loans
The NAMB Reverse Mortgage 101 course may be offered at upcoming NAMB Educational Conferences and events with the new courses will be available later this year.