As the reverse mortgage industry prepares to say goodbye to the tumultuous year that is 2024, positive news for the Federal Housing Administration (FHA)’s Home Equity Conversion Mortgage (HECM) program — which backs most of the country’s reverse mortgages — helps give a sense of overall health for the program despite some of the business challenges endured this year.

Steve Irwin, president of the National Reverse Mortgage Lenders Association (NRMLA), sat down for a recent interview with HousingWire’s Reverse Mortgage Daily (RMD). Irwin discussed some of the association’s outlook details ⇒

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