Apply Online
Schedule a Call

NRMLA

HUD seeks feedback on FHA minimum property requirements

Appraisals, Federal Housing Administration, HUD, HWmember, Mortgage, Mortgage Bankers Association, NRMLA, Regulatory, Reverse /

The U.S. Department of Housing and Urban Development (HUD) is seeking public feedback on whether the Federal Housing Administration (FHA)’s property requirements for single-family homes should be updated to better reflect current market conditions and reduce barriers to homeownership. In a request for information (RFI) published in the Federal Register, HUD said it is reviewing […]

HUD seeks feedback on FHA minimum property requirements Read More »

As retirement slips further away, workers prioritize stability and senior home equity

Affordability, Aging in Place, Baby Boomer, Gen X, HWmember, Mortgage, NRMLA, Retirement, Reverse, Reverse Mortgage Daily /

America’s workers are clinging to their jobs at a decade-low quit rate of 2%, driven by fear rather than fulfillment, new data shows. The research from Economist Enterprise surveyed 2,063 full-time employed Americans ages 18 to 62 across industries, including energy, manufacturing, media, financial services and government. It found that 62% of workers now prioritize

As retirement slips further away, workers prioritize stability and senior home equity Read More »

NRMLA webinar to cover reverse servicing and maturity events

Celink, HECM, HWmember, Mortgage, Mortgage Servicing, NRMLA, Onity Group, Reverse, Reverse Mortgage Daily, Servicing /

An upcoming industry webinar hosted by the National Reverse Mortgage Lenders Association (NRMLA) aims to demystify what happens to a reverse mortgage long after closing, serving as an educational component for loan officers and the seniors they serve. The April 9 webinar, “From Boarding to Maturity: Understanding Reverse Mortgage Servicing Requirements,” will walk loan officers through the

NRMLA webinar to cover reverse servicing and maturity events Read More »

New Jersey reverse mortgage counseling bill would have ‘chilling effect’ on senior home equity use, NRMLA says

Counseling, HECM, HWmember, Legislation, New Jersey, NRMLA, Reverse, Reverse Mortgage Daily /

The National Reverse Mortgage Lenders Association (NRMLA) this week sent a letter to a New Jersey lawmaker, stating its opposition to a legislative proposal tied to reverse mortgage counseling requirements in the Garden State. The letter is addressed to state Sen. Shirley Turner (D), the sponsor of New Jersey Senate Bill 264, which creates “pre-loan

New Jersey reverse mortgage counseling bill would have ‘chilling effect’ on senior home equity use, NRMLA says Read More »

Senior home equity surges to record $14.7T

Home Equity, Home Prices, HWmember, NRMLA, Retirement, Reverse, Reverse Mortgage Daily, RiskSpan /

Older U.S. homeowners held a record level of housing wealth in the third quarter of 2025, driven by rising home values and continued equity accumulation, according to the latest Reverse Mortgage Market Index (RMMI). Housing wealth among homeowners ages 62 and older rose 1.9% in the third quarter of 2025 to $14.66 trillion, surpassing the

Senior home equity surges to record $14.7T Read More »

NRMLA backs New Jersey bill clarifying reverse mortgage rules

Compliance, HWmember, Mortgage, New Jersey, NRMLA, Reverse, Reverse Mortgage Daily /

The National Reverse Mortgage Lenders Association (NRMLA) has voiced formal support for New Jersey Senate Bill 4970 — urging lawmakers to advance legislation that would clarify how reverse mortgages are treated under the state’s secondary mortgage law. In a letter sent to State Sen. Joseph Lagana, the association said the bill would exempt reverse mortgage

NRMLA backs New Jersey bill clarifying reverse mortgage rules Read More »

Innovations in reverse mortgage lending will drive growth in 2026

FHA, HECM, HWmember, Longbridge Financial, NRMLA, Reverse, Reverse Market Insight, Reverse Mortgage Daily /

The reverse mortgage market is expected to see growth in 2026 as lenders and originators adapt to evolving interest rate conditions and innovate to reach more borrowers. John Lunde, founder and president of Reverse Market Insight, said that 2025 marked a shift in focus for many originators, as they recognized that mortgage rates might not

Innovations in reverse mortgage lending will drive growth in 2026 Read More »

NRMLA urges CFPB not to restrict age-based programs like reverse mortgages

CFPB, HWmember, Legislation, NRMLA, Reverse, Reverse Mortgage Daily /

The National Reverse Mortgage Lenders Association (NRMLA) is urging the Consumer Financial Protection Bureau (CFPB) to revise proposed changes to federal fair lending rules, warning that the agency’s approach could undermine reverse mortgages by restricting the permissible use of age in credit programs. In a comment letter submitted to the CFPB on Dec. 15, the

NRMLA urges CFPB not to restrict age-based programs like reverse mortgages Read More »

HUD reopens reverse mortgage comment period

FHA, HECM, HMBS, HUD, HWmember, NRMLA, Regulatory, Reverse, Reverse Mortgage Daily /

The U.S. Department of Housing and Urban Development (HUD) is reopening the public comment period for a review of federal reverse mortgage programs, the agency announced Wednesday in the Federal Register. HUD previously issued a request for information in October, seeking input on the Home Equity Conversion Mortgage (HECM) and HECM Mortgage-Backed Securities (HMBS) programs.

HUD reopens reverse mortgage comment period Read More »

NRMLA speaks out on the future of federal reverse mortgage programs

FHA, Ginnie Mae, HECM, HMBS, HUD, HWmember, NRMLA, Regulatory, Reverse, Reverse Mortgage Daily /

After federal housing leaders issued a request for information in October about the future of two key reverse mortgage programs, the National Reverse Mortgage Lenders Association (NRMLA) weighed in last week with a detailed list of suggestions. The trade group issued an 11-page letter to the U.S. Department of Housing and Urban Development (HUD) and

NRMLA speaks out on the future of federal reverse mortgage programs Read More »