Despite 2024 being a challenging year for sales volume, the reverse mortgage industry is still encouraged by the engagement of the Federal Housing Administration (FHA) on matters related to the Home Equity Conversion Mortgage (HECM) program, as well as attention to back-end loan issues from Ginnie Mae.

This feedback came from a panel discussion of industry leaders that took place at the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo in San Diego at the end of September.

Panel participants included Mike Kent, NRMLA board chair and reverse details ⇒

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