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NRMLA announces the launch of NRMLAPediaMortgagePress.comreverse mortgage, NRMLA, NRMLAPedia, Peter Bell
National Reverse Mortgage Lenders Association has announced the
launch of its NRMLAPedia resource guide designed to enhance
lenders' technical knowledge of reverse mortgages.
NRMLAPedia is modeled similarly to other online resource tools,
where members of the general public with expertise contribute
content around a particular topic and update as needed. Initially,
we identified 100+ topics for content development, such as
appraisals, disclosures, marketing and sales, processing,
underwriting and servicing. And that list will continue to grow as
changes occur and as topics are added, making the NRMLAPedia an
increasingly valuable reverse mortgage resource.
"At NRMLA we strive to be the primary resource for education
related to reverse mortgages. And in that spirit, thanks to the
efforts of our members, NRMLA created this new knowledge based
toolthe "NRMLAPedia"as a comprehensive repository of information
covering a wide range of topics covering everything from the very
beginning of the origination process until the very end of the
process when the loan is ultimately paid off," said Peter Bell,
President of NRMLA, in his opening remarks at the association's
2008 Annual Meeting & Expo in Los Angeles.
The NRMLAPedia will initially be sold to members on disks for a
nominal fee.
Later, the association will migrate information to its web site,
NRMLAOnline.org, and the various contributors involved in the
project will update information as needed.
For more information, visit www.reversemortgage.org.