RMMI Hits Five-Year High
October 14, 2013
The NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI), which measures reverse mortgage market opportunity, rose in Q2 2013 by 3.1 percent to 160.1, its highest level since Q4 2008.
Congress Authorizes HUD to Improve the Reverse Mortgage Program
July 31, 2013
Legislation needed to reduce financial risk for reverse mortgage borrowers has now been approved by both chambers of Congress.
NRMLA Urges Senate Support for Reverse Mortgages
July 17, 2013
In another leap forward for the HECM program, HUD is seeking the legislative authority to make program changes that would match loans more appropriately with borrowers and better direct the use of assets for many aging Americans.
Proposed Changes Will Improve Reverse Mortgage Program for FHA and Consumers
June 18, 2013
Today, NRMLA President Peter Bell told members of a key Senate committee that proposed changes to the HECM program would increase protections for consumers and improve financial stability of the program.
RMMI Index Rises Fourth Straight Quarter
June 12, 2013
The NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI) rose by 1.5% in the first quarter of 2013 to 155.0, its highest level since Q1 2009.
Senior Home Equity Highest In Four Years
March 29, 2013
Senior households now have more equity in their homes than at any time since mid-2009, according to data released by NRMLA.
Researcher Responds to CFPB Report, a NRMLA blog
August 8, 2012
Attorney Barry Sacks, who published a research paper on the usage of reverse mortgages as a retirement planning option earlier this year, offers this response to the CFPB Report on reverse mortgages.
An Open Letter to America's Seniors from the National Reverse Mortgage Lenders Association
July 2, 2012
In the wake of the CFPB study, NRMLA published an Open Letter to America’s seniors and their families about what steps the industry is taking to make the process of getting a reverse mortgage as easily understandable and transparent as possible.
Research Shows High Levels of Consumer Satisfaction With Reverse Mortgages
December 13, 2010
NRMLA, last week, published independent research showing high levels of satisfaction among seniors with reverse mortgages and equally positive numbers indicating borrowers understood the transaction they were getting into and were never pressured into getting a loan.
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