Miami, FL (PRWEB) April 5, 2007
The Association of Reverse Mortgage Specialists, Inc. announced today that its seminar materials have been reviewed by Florida's Office of Financial Regulation and the association is now licensed as a Mortgage Broker School in Florida.
This means that learners attending the Association's educational seminar events will receive continuing education credit toward which they can apply to their bi-annual 14 hour requirement.
The current seminar counts for 8 hours of CE. Typical learners include Reverse Mortgage Originators seeking to become more proficient in their specialty, and Mortgage Loan Brokers and other Originators seeking to learn more about this emerging area of importance in Mortgage Finance.
Reverse Mortgages are special loan programs for senior home owners aged 62 and up, where the senior accesses equity without having to make any monthly payments. The most popular programs are FHA insured. However, the reverse mortgage landscape is changing quickly and many new products have recently emerged. These changes make the association's educational effort most timely.
The seminar was founded by Nelson A. Locke, CRML RMS. Based on the needs of mortgage brokers for more street level education, he built a core group of instructors and guided them through the creation of the association's training courses. The courses include "Understanding Reverse Mortgages", "Marketing to Seniors", "Counseling", "Taking a great Reverse Mortgage Application" and "Speaking Senior". All course material is (c). In addition, Mr. Locke authored and produced "Senior Money Matters"(c), a weekly podcast featured on iTunes, that explains Reverse Mortgages in plain English.
The Association's next Seminar is tentatively planned for Tampa, Florida, on May 18th, 2007. For more information, visit their web site at http://www.reversemortgageexpert.net.