In celebration of International Women’s Day (March 8) and Women’s History Month, the Transamerica Center for Retirement Research developed a new resource, the “Five Fundamentals for Retirement Readiness,” … more Five Fundamentals for Women’s Retirement Readiness
Darryl Hicks is Vice President of Communications for the National Reverse Mortgage Lenders Association. In this capacity, Hicks writes for NRMLA's publications, manages the association's web sites and social media accounts, assists committees and the Board of Directors, and manages the Certified Reverse Mortgage Professional designation. Prior to joining NRMLA in 1999, Hicks spent three years in the Washington, D.C. bureau for National Mortgage News.
HUD Replaces FIT and Benefits Check Up
The Financial Interview Tool (FIT) used by HECM counselors to create a budget and the Benefits Check Up tool to identify local resources for reverse mortgage borrowers have … more HUD Replaces FIT and Benefits Check Up
CFPB Publishes 2021-2022 Rulemaking Agenda
By Weiner Brodsky Kider The CFPB recently published its latest semiannual regulatory agenda of planned rulemaking activities for the period from November 1, 2021, to October 31, 2022. … more CFPB Publishes 2021-2022 Rulemaking Agenda
FHA Implements System Enhancements for the Electronic Submission of Flood Insurance Data
The Federal Housing Administration announced enhancements to FHA Connection that require mortgagees to indicate if property improvements are in a Special Flood Hazard Area (SFHA) and if so, … more FHA Implements System Enhancements for the Electronic Submission of Flood Insurance Data
Will Unretirement Help Solve the Labor Shortage?
At any given time, a large pool of people ages 55-70 – over 15 million today – indicate they are retired. With the U.S. economy currently facing a … more Will Unretirement Help Solve the Labor Shortage?
Morningstar: Retirement Plans Lost $4.61 Trillion Over Past Decade
Morningstar, Inc., a leading provider of investment research and financial services, launched the Morningstar Center for Retirement and Policy Studies this week and published an inaugural report, titled “Retirement … more Morningstar: Retirement Plans Lost $4.61 Trillion Over Past Decade
Member Spotlight: Loren Riddick, Thrive Mortgage
To help foster member engagement, Weekly Report will publish periodic Member Spotlights that feature professionals from across the reverse mortgage ecosystem. In this issue, we present Loren Riddick, National Director … more Member Spotlight: Loren Riddick, Thrive Mortgage
From the Top: Leslie Flynne, Director, PHH Mortgage Services
NRMLA, through its Servicing Committee, Executive Committee and Board of Directors, continually strives to improve the customer experience for reverse mortgage borrowers, especially when it comes to servicing … more From the Top: Leslie Flynne, Director, PHH Mortgage Services
HMBS February 2022: For HMBS Issuers, Every Day is Valentine’s Day
HMBS issuers continued their torrid pace to start the New Year. February saw again nearly $1.4 billion in new HMBS issuance, almost setting a record for new original … more HMBS February 2022: For HMBS Issuers, Every Day is Valentine’s Day
Mandatory Use Date for FHA Catalyst Extended to 2023
The Federal Housing Administration has extended the mandatory use dates for mortgagees to submit appraisals for single-family forward and reverse mortgage endorsements through the FHA Catalyst: EAD Module. … more Mandatory Use Date for FHA Catalyst Extended to 2023