The Mortgage Bankers Association (MBA) continues to show interest in the reverse mortgage business by releasing their Reverse Mortgage Central (RMC) training solution. RMC will be part of CampusMBA’s education division and includes a new three-part live online series and classroom-based course designed to provide professionals with insight into candidate qualifications and how reverse mortgages can be leveraged responsibly as part of a senior’s overall retirement plan.
"As more baby boomers reach qualifying age, we’re seeing an array of public and private sector institutions develop products to assist them with life changes, especially when it comes to financial planning," says John Golden, the MBA’s senior vice president of education. "While we see increasing demand for reverse mortgages, it’s vitally important that industry professionals have a thorough understanding of the products in order to responsibly originate the loans while providing seniors with yet another option for their financial future."
In addition to hosting live online workshops, CampusMBA is hosting its first instructor-led, classroom-based course – entitled "Understanding Reverse Mortgages" – on August 12 in Washington, D.C. To read more about their training solutions click the link below.
