Reverse Mortgage News Headlines

Just a few reverse mortgage headlines from the week.  See you on Monday in Philadelphia! Survey Finds Homeowners Need Reverse Mortgage Loans to Pay For Everyday Expenses (FoxBusiness) Tips on Finding The Best Reerse Mortgage Loan (LAChronicle) Have a great weekend! Technorati tags: Reverse Mortgage, Reverse Mortgage News, HECM, FHA, HUD, Mortgage

NRMLA and The Mortgage Bankers Association: Who do you love?

Have you ever been invited to two weddings on the same weekend? How do you pick? Who serves the better food? The better booze? Who do you love more, baby? The 2008 conference schedules are out and NRMLA’s Spring Conference (east) and the MBA’s Reverse Mortgage Conference are during the same week.  Better get ready […]

Reverse Mortgage Counseling Problems

It’s no secret that government funding for reverse mortgage counseling is a real issue impacting our industry.  HUD has set aside $3 million specifically for HECM counseling which goes to support the national intermediaries such as NFCC, MMI and AARP that support HECM counseling and counselor training.  The lack of adequate funding to meet the […]

Economic Stimulus Bill & Reverse Mortgages

Earlier this week President Bush signed into law H.R. 5140, the Economic Stimulus Act of 2008. A handful of Reverse Mortgage Daily readers contacted me about the bill and asked if the increase in loan limits would apply to reverse mortgages? Unfortunately not. There are a few members of the Senate who have been against […]

Competition and Origination Fees: An Open Letter to AARP

Dear AARP, In recent months it has been explained by the leadership of the National Reverse Mortgage Lenders Association (NRMLA) that you continue to be concerned about the origination fees that are charged to seniors as part of the origination of a Reverse Mortgage. It has been stated that NRLMA and yourselves reached a compromise […]

National Reverse Mortgage Lenders Regional Meetings Announced

This years National Reverse Mortgage Lenders Conference was a huge success and to follow up on it, NRMLA has announced two regional conferences.  This years conference title is “Business Management, Compliance, HUD Audit Issues & Marketing for Reverse Mortgage Lenders”.  Both conferences will be focusing on new products, new trends and HUD’s increased oversight of […]

National Reverse Mortgage Lenders 2007 Annual Meeting & Expo

This years NRMLA conference in San Diego had over 1200 people gathered to learn and exchange ideas on our small but booming segment of the mortgage industry.  Each day was filled with breakout sessions that touched on different industry topics and discussed how everyone could improve their reverse mortgage businesses.  We even got to meet […]

NRMLA And Reverse Market Insight Join to Create Reverse Mortgage Data Repository

Reverse Market Insight (RMI), in conjunction with an exclusive partnership with the National Reverse Mortgage Lenders Association (NRMLA), is developing new analytical products and services which will provide the reverse mortgage industry with market level data and benchmarks.  “As the reverse mortgage industry evolves, we’ve recognized the fundamental need of reverse mortgage lenders and other […]

National Reverse Mortgage Lenders Association Conference 2007

The National Reverse Mortgage Lenders Association is having their annual meeting and expo in sunny San Diego, CA on November 14th-16th. The conference will be held at the Manchester Grand Hyatt and will feature different speakers and training sessions which you can find here. If you haven’t signed up yet head on over to catch […]