CRM

NRMLA News 

One Million HECMs and Counting The reverse mortgage industry reached a monumental milestone: 1 million HECMs. FHA endorsed 3,919 loans in October, bringing the total number of older homeowners who have benefited from FHA-backed reverse mortgages to 1,002,679.“As an industry, we are proud to offer a financial product that helps older adults supplement their retirement funds while living in their own homes,” said NRMLA President and CEO Peter Bell. “We are grateful to the U.S. Department of Housing and Urban Development, and especially to the work of the late Ed Szymanoski, for modeling the original pilot program that made the