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NRMLA

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Reverse mortgage industry descends on California for first NRMLA event of 2025

April 25, 2025 by bp56691
Reverse mortgage industry descends on California for first NRMLA event of 2025
The reverse mortgage industry’s first event of 2025 is happening in Irvine, California, and NRMLA’s president offers a preview.
Categories California, FHA, HECM, HWmember, NRMLA, Reverse

Assessing the reverse mortgage technology landscape

April 18, 2025 by bp56691
Assessing the reverse mortgage technology landscape
Reverse mortgage professionals weigh in on the potential of including more technology into industry processes.
Categories Artificial Intelligence, Finance of America, HECM, HWmember, Longbridge Financial, NRMLA, Reverse, Technology

NRMLA announces 2025 western, annual meeting details

April 18, 2025 by bp56691
NRMLA announced the date and location of its 2025 annual meeting, and some preliminary details of its April Irvine event.
Categories California, HWmember, Minneapolis, NRMLA, Reverse

US home equity has reached $35 trillion. It’s a blessing and a curse

April 16, 2025 by bp56691
Higher levels of home equity increase household wealth, but it also comes with higher property taxes and other hurdles.
Categories Home Equity, HWmember, NRMLA, Reverse, RiskSpan, Wall Street Journal

FOA promotes Jonathan Scarpati to chief production officer

April 2, 2025 by bp56691
FOA promotes Jonathan Scarpati to chief production officer
Scarpati will now oversee both wholesale and retail production at FOA, in an effort to “optimize internal structures and accelerate performance gains” for its multichannel operations.
Categories Finance of America, HECM, HWmember, NRMLA, People Movers, Reverse

Reverse mortgage software pioneer Jerry Wagner has died

March 31, 2025 by bp56691
Reverse mortgage software pioneer Jerry Wagner has died
NRMLA announced the news in an email update to its members late last week, and industry professionals remember Wagner fondly.
Categories HWmember, Ibis Software, NRMLA, Reverse

New FHA citizenship, residency requirements apply to reverse mortgages

March 26, 2025 by bp56691
Rules that restrict FHA-backed financing to U.S. citizens and permanent residents applies to reverse mortgages — with interesting details.
Categories FHA, HECM, HWmember, Money Management International, NRMLA, Regulatory, Reverse

NRMLA supports Hawaii bill seeking state-run reverse mortgage program

March 19, 2025 by bp56691
Reverse mortgage industry descends on California for first NRMLA event of 2025
The reverse mortgage trade association said it supports a bill to set up a state-run HECM program, but it also requested some changes.
Categories Hawaii, HECM, HWmember, Legislation, NRMLA, Reverse

What has the CFPB done for the reverse mortgage industry?

March 11, 2025 by bp56691
As the CFPB is being scaled back by current leaders, RMD takes a look at its impact on the reverse mortgage industry.
Categories CFPB, HECM, HWmember, National Consumer Law Center, NRMLA, Regulatory, Reverse

Maryland reverse mortgage bill withdrawn following industry dialogue

March 10, 2025 by bp56691
A Maryland reverse mortgage bill seeking to establish an escrow account for expenses has been tabled for now after industry dialogue.
Categories HECM, HWmember, Legislation, Maryland, NRMLA, Reverse
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