Advancing Reverse Mortgages with MISMO: Market Opportunity and Data Mainstreaming, Apr. 21
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About the Event
This webinar will provide a strategic overview of the reverse mortgage market opportunity, and how reverse mortgage products can help customers strengthen their retirement financial plans through monetization of housing wealth to support income and address evolving customer needs. The session will explore how the standardization of data allows mortgage lenders and other parties to incorporate reverse mortgages into their product offerings, driving portfolio retention while delivering meaningful value to customers.
Attendees will also be introduced to the MISMO Reverse Mortgage Development Workgroup, including who we are, what we do, and how our roadmap and forward-looking initiatives will enable the integration of reverse mortgages within current and future technologies through data standardization and industry collaboration. We will highlight key accomplishments to date, discuss what the workgroup is actively developing, and outline next steps and how industry participants can get involved as we move toward broader product and technology enablement. The webinar will conclude with an interactive Q&A session to address participant questions and perspectives.
Date/Time:
Tuesday, April 21 (12:00 PM – 12:30 PM ET)
Objectives:
Highlight the benefits and value of MISMO.
Gain insight into the growing trend of mortgage lenders incorporating reverse mortgages in product offerings, increasing portfolio retention and meeting needs of a customer demographic who can benefit from monetizing housing wealth to support retirement financial plans.
Discuss how standardization of data allows all lenders and other parties to provide solutions at scale to serve the growing demographic of customers who can benefit from reverse mortgages.
Learn about the MISMO Reverse Mortgage Development Work Group (RMDWG) and our forward-looking initiative to modernize and mainstream reverse mortgage lending through data standardization and industry collaboration.
Highlight the RMDWG roadmap, what we have accomplished, what we are currently working on, next steps, and how industry participants can get involved.
Target Audience:
Mortgage Lenders
Mortgage Servicers
Speakers:
George Morales, National Sales Director, Mortgage Cadence
Steve Irwin, President, National Reverse Mortgage Lenders Association
Jesse Allen, President of Retail Reverse Mortgage Lending, Rate
