As more Americans are forced to deal with stock market fluctuations and expanding health care costs, reverse mortgages will continue to take on a greater significance.
Austin, Texas (PRWEB) August 29, 2017
On September 7, 2017, mortgage lenders, secondary market experts and bank executives from all over the country will gather in Austin's Driskill Hotel for the 18th Annual Reverse Mortgage Day symposium.
Hosted by the Texas Mortgage Bankers Association (TMBA), this day-long event is designed to give lending professionals and academic researchers important information regarding the policies that will affect reverse mortgage lending in the future.
Subject matter experts will discuss key matters related to the growing retirement crisis, servicing, financial assessment, and academic research on reverse mortgages will be provided by Stephanie Moulton with The Ohio State University.
Our Keynote speaker this year will be Brian Montgomery with The Collingwood Group in Washington, D.C.
"As more Americans are forced to deal with stock market fluctuations and expanding health care costs, reverse mortgages will continue to take on a greater significance," said W. Scott Norman, Chairman of Reverse Mortgage Day and Vice-President of field retail and government relations at Finance of America Reverse.
Since the first reverse mortgage was offered in Texas in 2000, the Lone Star State has become the third largest reverse mortgage lending state in the country with over $6 billion funded to senior homeowners.
“The overwhelming acceptance we're seeing in Texas and around the country reinforces our belief that reverse mortgages remain a premier, cost effective and traditional retirement option for senior homeowners as they evaluate their financial plans," added Norman.
More information about this event can be found at https://www.texasmba.org/reverse/