The Department of Housing and Urban Development appointed six new members to its Housing Counseling Federal Advisory Committee, including Carol Ann Dujanovich, Vice President and Director of Operations, … more NRMLA Member Appointed to Counseling Advisory Committee
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.
Study: One-Third of Retirees Can’t Afford LTC
In the second of a three-part series, a new Issue Brief published by the Center for Retirement Research at Boston College concluded that about one-third of retirees do … more Study: One-Third of Retirees Can’t Afford LTC
U.S. Drops in Global Retirement Rankings
The United States slipped one spot to No. 17 among developed nations in the 2021 Global Retirement Index (GRI) released last week by Natixis Investment Managers (Natixis IM). … more U.S. Drops in Global Retirement Rankings
Important HECM News From HUD
The Department of Housing and Urban Development made several important announcements this week that impact the Home Equity Conversion Mortgage program. Here are the highlights: HUD published a … more Important HECM News From HUD
Reminder Guidance for FHA-Approved Mortgagees Regarding Presidentially-Declared Major Disaster Areas
On Friday, September 10, the Federal Housing Administration issued a reminder to mortgagees about its guidance for originating and/or servicing FHA-insured mortgages in locations in the U.S. and … more Reminder Guidance for FHA-Approved Mortgagees Regarding Presidentially-Declared Major Disaster Areas
HMBS August 2021 Part II: Big Summer Continues
Outstanding HMBS rose to a record $56.6 billion in August 2021, as high levels of both issuance and HECM loan payoffs continued. HMBS payoffs once again exceeded $1 … more HMBS August 2021 Part II: Big Summer Continues
Social Security Trust Funds to Become Depleted One Year Sooner
This week, the Social Security Board of Trustees announced in its annual report that the combined asset reserves of the Old-Age and Survivors Insurance and Disability Insurance (OASI … more Social Security Trust Funds to Become Depleted One Year Sooner
Sergey Dyakin, Chief Information Officer, Celink
Accessing your mortgage account online is fairly commonplace in the conventional mortgage world, but not so much in the reverse mortgage space – until now. Last year, Lansing, … more Sergey Dyakin, Chief Information Officer, Celink
Report: 82 Percent of U.S. Workers Saving for Retirement
Despite six in ten employed U.S. workers (60 percent) having made adjustments due to pandemic-related financial strain, 82 percent are still saving for retirement, including 84 percent of … more Report: 82 Percent of U.S. Workers Saving for Retirement
Servicing Corner: Is a LOC Guaranteed to Be Available For Borrowers?
Question: Is it okay to tell your clients that the Line of Credit is guaranteed and will always be available to them? Answer: No, the line of credit … more Servicing Corner: Is a LOC Guaranteed to Be Available For Borrowers?
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