The National Reverse Mortgage Education Center announced it will be closing down and is putting its assets up for sale. Founded in 2004, NRMEC was designed to serve professionals and lenders by providing reverse mortgage educational products and services.
“I’ve enjoyed a very rewarding 20-year career helping seniors and professionals with the reverse mortgage program, but I feel it’s now time for me to move in a new direction,” said Lyn R. Link,founder and president of NRMEC.
“Therefore, we are making the business, its assets, our extensive database, and a special offer on our very popular marketing publication available for sale until January 22, 2010.”
According to NRMEC, the database is being sold “as is” and contains 9,373 contacts. Interested buyers can purchase the database for $750. Interested parties can also purchase the business name, logo, and domains.
“We wish to thank all of our sponsors, customers, and good friends who have supported and believed in what we were trying to accomplish with NRMEC,” Link said.