A bill that will permanently allow for remote reverse mortgage counseling via telephone or video conferencing…
Tag: NRMLA
HUD walks back some proposed changes to HECM for Purchase program
The U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change…
Fairway’s Sciandra joins NRMLA board
The National Reverse Mortgage Lenders Association (NRMLA) announced this week that Peter Sciandra, EVP of reverse…
Face-to-face reverse mortgage counseling is back in Massachusetts (for now)
Reverse mortgage professionals in Massachusetts will be reliant on their borrowers’ ability to complete their required…
Global equity release market poised for significant growth, report suggests
The current global market cap for “equity release” products, including reverse mortgages, could hit $50 billion…
Are reverse mortgages the most underutilized retirement tool?
Home equity levels among homeowners aged 62 and older are at record levels following the end…
Senior-held home equity falls to $12.84 trillion in Q4 2023
Homeowners 62 and older saw their collective home equity levels drop in the fourth quarter of…