Items Tagged with 'T&I Default'


  • D.C. housing agency launches program to help delinquent reverse mortgage borrowers

    Provides financial assistance to seniors facing foreclosure
    A D.C.-based housing agency recently launched a program to help reverse mortgage borrowers facing foreclosure because of their failure to pay property taxes and homeowners insurance. While only available to help borrowers in the district, the program could be replicated in other parts of the country with a high percentage of HECM loans in default.
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  • NRMLA West 2011

    NRMLA released the agenda for the first conference gathering of the year, "NRMLA West 2011: New Requirements, New Relationships," at the Fairmont Hotel in Newport Beach on March 15 and 16.  The day and a half general session, beginning at 10:00 AM on Tuesday, March 15th focuses on regulatory reform, survival, and understanding the current landscape in the reverse mortgage market. The first day takes aim at regulatory reform with sessions designed to break down the Loan Originator Compensation Rule and the on-going "Tsunami of Regulatory Reform" that continues in the wake of the Dodd-Frank Act and other legislation. 
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