ACI Announces Reverse Mortgage Compliance Conference

The American Conference Institute announced it will be holding its second annual National Forum on Reverse Mortgage Compliance this July 22-23 in New York City.

This year’s show will include Michael Stolworth of the Office of Inspector General at HUD, Commissioner Karsky (Conference of State Bank Supervisors), Margaret Burns (HUD), Mariana Rexroth (Office of Thrift Supervision), Chuck Cross (Conference of State Bank Supervisors), Brent Lattin (Federal Reserve Board), and Karen Tucker (Office of the Comptroller of the Currency), as well as industry leaders from Bank of America, Genworth Financial, James B. Nutter & Company, Met Life Bank, National Council on Aging, Wells Fargo Home Mortgage.

Topics to be addressed include: Ensuring compliance with FHA HECM regulations, incorporating the new RESPA requirements into your policies and procedures, assessing the state of reverse mortgage securitizations and the secondary market, navigating through the complexities of the new reverse mortgage examination guidelines, and much more.

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Reverse Mortgage Daily readers will receive a $200 discount by using code “RMD 1795” when purchasing a ticket. Additional information about the conference, including the complete faculty list, agenda, event brochure, and registration details, can be found at the link below.

Reverse Mortgage Compliance Conference

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  • For those who believe that the fee for a NRMLA convention is overpriced should prepare themselves for real sticker shock when looking at the price of this two day conference. While the selection of NRMLA conference sites may not be for the budget minded, once again the location of this conference is not for the financially timid.

  • Loan originators that are registered thru NMLS are now required to complete continuing ed credits to keep their licenses current. Why does neither NRMLA or ACI offer these credits? I was told it was too expensive to get accredited. Shouldn't the goal be to have educated loan officers that specialize in reverse mortgages to be up to date on the regs and marketing for a reverse instead of only giving them credit for courses that are not relevant for their business or their customers?

  • Loan originators that are registered thru NMLS are now required to complete continuing ed credits to keep their licenses current. Why does neither NRMLA or ACI offer these credits? I was told it was too expensive to get accredited. Shouldn’t the goal be to have educated loan officers that specialize in reverse mortgages to be up to date on the regs and marketing for a reverse instead of only giving them credit for courses that are not relevant for their business or their customers?

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