Looking for a good reason to head to Texas in August? As long as its not in Houston, I am. Join RMD and others from the industry on August 6th to celebrate the 10th anniversary of Reverse Mortgages in Texas.
People from all over the country will be in Austin to discuss the policies that will affect the future of reverse mortgage lending in the Lone Star State. Attendees will have an opportunity to interact with key regulators and consumer groups to receive up to date developments regarding the reverse mortgage sector.
“As more American’s are forced to cope with expanding health care costs, reverse mortgages continue to take on a greater significance,” said Scott Norman, Vice President of the Texas Mortgage Bankers Association.
Norman anticipates newly enacted Congressional changes to reverse mortgages, including higher lending limits, stricter consumer protections, and lower fees will lead to even more acceptance in the coming years.
“The overwhelming growth we’re seeing reinforces our belief that reverse mortgages remain a safe and viable option for American seniors as they assess their retirement plans,” added Norman.
If your interested in joining us, check out the website for more information.