NRMLA President Steve Irwin, who signed the letter, said that while the trade association “fully supports seniors receiving counseling before obtaining a reverse mortgage,” it opposes the bill as currently drafted for... Read more »
Natural disasters can upend lives in an instant, leaving homeowners to cope with emotional trauma and financial uncertainty. Mortgage lenders and housing professionals play a critical role in helping clients rebuild. By... Read more »
Federal Housing Administration (FHA) Commissioner Julia Gordon and David Berenbaum, deputy assistant secretary for the Office of Housing Counseling at the U.S. Department of Housing and Urban Development (HUD), returned to this... Read more »
David Berenbaum, deputy assistant secretary for the Office of Housing Counseling at the U.S. Department of Housing and Urban Development (HUD), addressed industry attendees at the National Reverse Mortgage Lenders Association (NRMLA)... Read more »
The federal government is launching a campaign on Zillow to help provide housing counseling services to more Americans. The Department of U.S. Department of Housing and Urban Development (HUD) on Tuesday also... Read more »
The Mortgage Bankers Association (MBA)’s policy advocacy group, the Mortgage Action Alliance (MAA), is urging its members in the state of Massachusetts to support the continued use of remote telephone and video... Read more »
Reverse mortgage professionals in Massachusetts will be reliant on their borrowers’ ability to complete their required counseling sessions under the state’s face-to-face mandate following the expiration of a provision temporarily relaxing the... Read more »
A bill introduced in the New Jersey Senate would require face-to-face counseling for the state’s reverse mortgage transactions and would nullify any loans originated without proof of such counseling having taken place.... Read more »
The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced that it is making $40.25 million available to support housing counseling services for homeowners, homebuyers and renters. Such funding will... Read more »