WASHINGTON (January 18, 2022) – Homeowners 62 and older saw their housing wealth grow by 4.0 percent or $396 billion in the third quarter to a record $10.19 … more Senior Home Equity Exceeds Record $10.1 Trillion
Press room
The National Reverse Mortgage Lenders Association (NRMLA) is the national voice of the reverse mortgage industry, serving as an educational resource, policy advocate, and public affairs center for lenders and related professionals. NRMLA was established in 1997 to enhance the professionalism of the reverse mortgage business.
Our mission is to educate consumers about the pros and cons of reverse mortgages, train lenders to be sensitive to clients’ needs, enforce our Code of Ethics and Professional Responsibility, and advise policymakers on reverse mortgage issues.
For more information about reverse mortgages and to read borrower testimonials, visit NRMLA’s consumer education site www.reversemortgage.org.
Media Contact:
Darryl Hicks, VP of Communications
202-939-1784, dhicks@dworbell.com
Additional Resources for Reporters:
NRMLA has compiled statistics and research on aging and retirement topics to assist with your article on reverse mortgages, which you can view in the retirement research section of this site.
NRMLA Press Releases
Senior Housing Wealth Exceeds Record $9.57 Trillion
WASHINGTON, October 15, 2021 — Homeowners 62 and older saw their housing wealth grow by 3.7 percent or $339 billion in the second quarter to a record $9.57 trillion … more Senior Housing Wealth Exceeds Record $9.57 Trillion
Senior Housing Wealth Exceeds Record $9.2Trillion Q12021
WASHINGTON, July 22, 2021 — Homeowners 62 and older saw their housing wealth grow by 3.4 percent or $305 billion in the first quarter to a record $9.23 trillion from Q4 … more Senior Housing Wealth Exceeds Record $9.2Trillion Q12021