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What will happen to HMBS 2.0 under Trump’s regulatory freeze?

January 23, 2025 by bp56691
HMBS 2.0 could make a big difference for reverse mortgage securities issuers, but a lack of concrete information leaves an implementation timeline unclear.
Categories FHA, Ginnie Mae, HMBS, HUD, HWmember, Mortgage Bankers Association, NRMLA, Regulatory, Reverse, Senate

As LA fires burn, reverse mortgage industry emphasizes need for servicer, insurer contacts

January 10, 2025 by bp56691
Los Angeles County has the highest concentration of HECM borrowers in the country, and the industry is moving to respond.
Categories Celink, Disaster Relief, FEMA, FHA, Finance of America, HighTechLending, HUD, Mortgage Cadence, Natural Disaster, New American Funding, NRMLA, Reverse, Reverse Loans Now

Reverse mortgage leaders on partnering with the forward side in 2025

January 3, 2025 by bp56691
The reverse mortgage industry seeks to build its positive momentum this year after collaborating extensively with forward lenders in 2024.
Categories Fairway Independent Mortgage, Guild Mortgage, HECM, HWmember, New American Funding, NRMLA, Reverse

NRMLA’s Steve Irwin on political change and the 2025 HECM limit

December 26, 2024 by bp56691
NRMLA’s Steve Irwin on political change and the 2025 HECM limit
Steve Irwin discusses political changes, how those could impact the HECM program and more in this interview.
Categories NRMLA, Reverse

NRMLA’s Steve Irwin on FHA report, HECM changes and more

December 16, 2024 by bp56691
NRMLA’s Steve Irwin on political change and the 2025 HECM limit
NRMLA’s president discusses the association’s outlook for the industry and the condition of the FHA’s Mutual Mortgage Insurance Fund.
Categories FHA, HECM, HUD, NRMLA, Reverse

Reverse mortgage educators look to correct the record on credit lines, equity modeling

November 13, 2024 by bp56691
Reverse mortgage educators Dan Hultquist and Jim McMinn take on more HECM program misconceptions among industry professionals.
Categories Counseling, HUD, Internal Revenue Service, NRMLA, Regulatory Compliance, Reverse, San Diego
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