A pair of trade groups dedicated to representing the interests of small to medium-sized mortgage lenders merge. The Community Home Lenders Association and the Community Mortgage Lenders of America are merging under a new name: Community Home Lenders of America. Scott Olson, current executive director of the Community Home LendersRead More →
The National Reverse Mortgage Lenders Association (NRMLA) has released a new Advisory Notice sponsored by its Ethics Committee and Board of Directors that encourages reverse mortgage industry participants to adhere to the National Reverse Mortgage Lenders Association’s Code of Ethics. association when cultivating new professional partnerships, particularly in light ofRead More →
“I think we’ll see a 5% increase in mortgages this year, and a similar rate for product transfers, as lenders and brokers have more space to focus on those areas.” Speaking on the latest podcast in the Accord Mortgages Growth series, Rob Thomas,Read More →
The Association of Mortgage Intermediaries (Ami), Building Societies Association (BSA), Equity Release Council (ERC), UK Finance and The Investing and Saving Alliance (TISA) all worked together on the guide, which looks at all of the different tips and product options available for older borrowers. The organizations behind the brochure sayRead More →
Lopa P. Kolluri, Principal Assistant Secretary (PDAS) of the Office of Housing and Federal Housing Administration (FHA), to deliver keynote address to reverse mortgage industry attendees at the upcoming National Reverse Mortgage Lenders Virtual Annual Meeting Association (NRMLA) held in early November. This is according to an email alert distributedRead More →
Lopa P. Kolluri, Principal Deputy Assistant Secretary (PDAS) of the Bureau of Housing and the Federal Housing Administration (FHA), will deliver a keynote address to reverse mortgage industry participants at the upcoming virtual National Reverse Annual Meeting Mortgage Lenders Association (NRMLA) takes place in early November. This is according toRead More →
The National Reverse Mortgage Lenders Association (NRMLA) sent a letter to the United States Department of Housing and Urban Development (HUD), specifically asking them to update the loan documents and the guarantee instrument for the conversion mortgage on Home Equity (HECM) to comply with the Spousal Non-Borrowing (NBS) protections thatRead More →
The National Reverse Mortgage Lenders Association (NRMLA) submitted a letter to the U.S. Department of Housing and Urban Development (HUD), specifically asking the department to update the loan documents and security instrument of the conversion mortgage Home Equity Insurance (HECM) to comply with the Non-Borrowing Spouse (NBS) protections that wereRead More →
The National Reverse Mortgage Lenders Association (NRMLA) and its board of directors have officially approved the mission statement of its new Diversity, Equity and Inclusion (DEI) committee, according to a statement emailed to members of the association at the end of last week. The newly formed committee, revealed to theRead More →
PHILADELPHIA CREAM – (COMMERCIAL THREAD) – The Association of Independent Mortgage Experts (AIME), a national, not-for-profit trade association created exclusively for independent mortgage brokers, announces the promotion of Katie Sweeney to CEO. As CEO, Sweeney will continue to focus on AIME’s core mission of supporting independent mortgage brokers and developingRead More →