Skip to main content

Amy Ford Named Director of NCOA's Reverse Mortgage Counseling Services Network
Jan 25, 2013

The National Council on Aging (NCOA)has announced that Amy Ford has been named director of NCOA’s Reverse Mortgage Counseling Services Network. NCOA is one of nine Reverse Mortgage Counseling Intermediaries approved by the U.S. Department of Housing & Urban Development (HUD) to provide the counseling required for all older homeowners who are considering a reverse mortgage. Also known as Home Equity Conversion Mortgages (HECMs), reverse mortgages allow homeowners aged 62+ to convert a portion of their home equity into cash while they continue to live at home for as long as they’re able. Ford will lead NCOA’s network of trained counselors who help older adults understand the costs and features of different types of reverse mortgages and evaluate the pros and cons of this financial tool for their situation. As the only national aging organization that provides reverse mortgage counseling, NCOA brings a unique approach to helping older homeowners examine all of their options when it comes to staying independent as long as possible. HUD requires that all counselors use NCOA’s free, confidential BenefitsCheckUp service to determine if reverse mortgage clients are eligible for an array of benefits that could help them pay for everyday expenses like food, medicine, and utilities. “NCOA is excited to have Amy join our staff,” said Nora Dowd Eisenhower, senior vice president for economic security at NCOA. “She brings a deep understanding of the critical importance of consumer protections and counseling for older adults who are considering a reverse mortgage. We look forward to Amy leading NCOA’s work to ensure that seniors make smart decisions about how to use their home equity.” Before joining NCOA, Ford worked as a reverse mortgage program specialist at NeighborWorks America, where she facilitated the administration of HECM training to housing counselors at events around the country and online. 
Jan 25, 2013
More from
Reverse Mortgages Aren't Expanding Into Broader Mortgage Business

The reverse mortgage sector has remained strong accounting for more than 4,000 loans a month, according to Reverse Mortgage Daily, however, growing the business further has been on the back burner.

Jul 28, 2021
FHA Adds COVID-19 Recovery Options For Forward And Reverse Borrowers

The Federal Housing Administration announced additional COVID-19 recovery options to help both forward and reverse homeowners who are facing hardships as a result of the pandemic.

Jul 26, 2021
RMF Revamps Its Borrower Qualification Process To Increase Efficiency

Reverse Mortgage Funding, LLC (RMF) is taking a new approach to the borrower qualification process for those seeking a reverse mortgage. The process was created to drive efficiency during the approval process and increase reverse mortgage market growth.

Jul 20, 2021
Reverse Mortgage Endorsements Slide By More Than 4 Percent In June

Reverse mortgage endorsements decline by 4.4% to 4,160 loans, increasing the streak of more than 4,000 loans per month, according to Reverse Mortgage Daily.

Jul 06, 2021
Liberty Reverse Mortgage Becomes Full Service Reverse Lender Following RMS Acquisition

Last week Ocwen Financial Services announced the acquisition of Reverse Mortgage Solutions. In a recent interview with Reverse Mortgage Daily, Mike Kent shared how the acquisition will affect the company.

Jun 22, 2021
Ocwen Financial To Acquire Reverse Mortgage Servicing Platform

Ocwen Financial Corporation's wholly-owned subsidiary, PHH Mortgage Corporation will acquire RMS' reverse mortgage servicing platform.

Industry News
Jun 18, 2021