Skip to main content

NRMLA Takes New Aim at Elder Abuse Awareness

Phil Hall
Jun 18, 2018
The Board of Directors of the National Reverse Mortgage Lenders Association (NRMLA) has unanimously elected Reza Jahangiri of American Advisors Group (AAG) and Scott Norman of Finance of America Reverse (FAR) to serve as Co-Chairs of the association from

The National Reverse Mortgage Lenders Association (NRLMA) is shining a new spotlight on elder abuse with the release of a new consumer brochure addressing this disturbing subject.
 
The free brochure titled “Recognize & Report Elder Financial Abuse” provides resources and information for seniors and their loved ones on how to identify scams, fraud and exploitation aimed at the elderly, with information on where to report threatening and criminal behavior. The brochure was released on June 15 as part of the observance of World Elder Abuse Awareness Day and is available for free download from the NRMLA Web site: ReverseMortgage.org/ReportFraud.
 
"As professionals who serve older homeowners, we have a special responsibility to ensure the safety and fair treatment of seniors," said NRMLA Executive Vice President Steve Irwin. "NRMLA's new brochure, which we encourage all members to print and share widely, is another example of our work to raise awareness about the increasing number of financial crimes perpetrated against seniors and steps we can all take to report mistreatment."


 
Published
Jun 18, 2018
More from
Reverse
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.

Reverse
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.

FHA
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.

Reverse
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.

Reverse
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.

Reverse
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