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MBA Education Recent Developments in HECM/Reverse Mortgage Lending Webinar Today
MBA Education presents a Webinar, Recent Developments in HECM/Reverse Mortgage Lending Webinar, on Monday, Apr. 18 from 2:00-3:30 p.m. ET.
This webinar will provide participants with latest information on recently implemented changes to the FHA insured Home Equity Conversion (HECM) reverse mortgage program. These changes are carefully designed to ensure the HECM Program is a safe and sustainable solution for the consumer while mitigating risk to the FHA insurance fund.
Learn from industry experts as to how these changes will impact your business. For companies that currently do not offer HECM products, this webinar will help you gain a better understanding of the current benefits of adding these products to your portfolio mix and questions you need to be asking.
Objectives
–How changing purchaser demographics will impact reverse lending
–Understanding the current opportunity and need for reverse lending
–The latest on the National Reverse Mortgage Lending Association/RiskSpan Reverse Mortgage Market Index
–Financial assessment of the HECM program
–Other recent program changes, including the Mortgage Insurance Premium structure, mandatory obligations and initial disbursement limits and the single lump sum disbursement option
–Changes to Non-Borrowing Spouses for new production and legacy cases
–Changes to Loan Administration including borrower obligations, technical defaults and loss mitigation options, dues and payable timelines
Who Should Attend
–Reverse Mortgage Lenders, Brokers, Investors, Servicers, and Service Providers
–Those considering adding reverse mortgages to their portfolio of product offerings
Speakers
–Peter Bell, President & CEO, National Reverse Mortgage Lenders Association
–Steve Irwin, Executive Vice President, National Reverse Mortgage Lenders Association
To register, click https://store.mortgagebankers.org/ProductDetail.aspx?product_code=E2161716AI/REGIS.