After taking the time to digest elements of a proposal from lawmakers in Hawaii, the National Reverse Mortgage Lenders Association (NRMLA) has expressed support for a measure to establish a state-run Home Equity Conversion Mortgage (HECM) program there.

In a letter submitted by NRMLA to sponsor lawmakers at the end of February, the association explained that it “strongly supports” the adoption of such a program. It said that any state-sponsored additions beyond the Federal Housing Administration (FHA)-sponsored HECM program are “very details ⇒

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