The dedicated reverse mortgage development workgroup inside the Mortgage Industry Standards Maintenance Organization (MISMO) has been working diligently for much of the past year to develop holistic support for reverse programs across new and existing MISMO subscribers. It’s also working to publish data in an industry-standard format to increase efficiency among stakeholders.

George Morales, the national sales director for Mortgage Cadence, was appointed as the workgroup’s chair in July 2024. He has provided periodic updates on its work since then.

Following the announcement this week that details ⇒

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