The Mortgage Bankers Association (MBA) on Tuesday announced the launch of a new member forum dedicated to reverse mortgages and other senior-focused mortgage products.

The Senior Mortgage Solutions Network (SMSN) will provide MBA members a venue to discuss emerging trends, policy developments and business challenges tied to lending to older homeowners. Its scope includes Home Equity Conversion Mortgages (HECMs), proprietary reverse mortgages and other home equity products designed for seniors.

MBA said the network will work to identify key policy, regulatory and operational issues affecting senior-focused products and the broader age-based mortgage market. The group is also intended to ensure details ⇒

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