The National Association of Mortgage Brokers Announces Community Partnership with Liberty Reverse Mortgage
The new relationship includes a new Certified Reverse Mortgage Specialist certification program
WASHINGTON, March 28, 2023 /PRNewswire-PRWeb/ --The National Association of Mortgage Brokers (NAMB), voice of the mortgage industry representing the interests of mortgage professionals and home buyers since 1973, is pleased to announce its new community partnership with Liberty Reverse Mortgage (Liberty). This new relationship includes the newly launched Certified Reverse Mortgage Specialist certification program (CREV) with classes to be presented by NAMB and Liberty throughout the US.
Each day, more than 12,000 Americans turn 65 years old, and the newly developed reverse mortgage certification will provide mortgage professionals the information and tools necessary to successfully navigate the product, process, and conversation with potential borrowers.
The first of many planned CREV courses will take place on April 10, 2023, in Tampa, Florida. To register, please use this link. This is a hybrid class offered both in-person and online to ensure convenience for registries. During the classes attendees will learn:
- Age/Property/Equity Requirements
- How loan amounts are determined
- The role the product type plays in how much a borrower is allowed to access
- How a credit report is viewed and its potential impact on the loan
- Sales tips and best practices for working with borrowers 62+
- Overcoming objections and working through underwriting issues
- And much more!
"NAMB is thrilled to be working with Liberty, one of the nation's largest and most experienced reverse mortgage experts who have assisted over 65,000 senior homeowners and 1,500 business partners over the past decade," said NAMB President Ernest Jones Jr. "We look forward to this new community partnership in 2023 and many years into the future."
Immediately following the CREV class, a test will be given, and upon passing, attendees will be presented with a certification and all the marketing materials needed to promote the new certification to potential clients.
"Our team is excited to partner with NAMB by offering its members a robust and comprehensive reverse mortgage certification program" said Robert Ross, Vice President, Third Party Originations at PHH Mortgage/Liberty Reverse Mortgage. "Together, NAMB and Liberty will build mortgage professionals' proficiency in reverse mortgages as well as the confidence to originate the program, ensuring borrowers across the nation are receiving the very best advice on how to responsibly access home equity to meet their individual retirement needs."
In addition to the new certification opportunities, Liberty will be showcased in the fall during NAMB National 2023, "We are eager to honor Liberty's great work during our conference which also celebrates NAMB's 50th year in the marketplace; our golden anniversary," added Jones Jr.
About NAMB:
The National Association of Mortgage Brokers has been the voice of the mortgage industry representing the interests of mortgage professionals and homebuyers since 1973. NAMB provides mortgage professionals with advocacy, education, and rigorous certification programs to recognize members with the highest levels of professional knowledge and education. NAMB's active lobbying and advocacy efforts focus on national and state issues, protecting the interests of its members and borrowers. As the leading national trade association for the mortgage industry, NAMB is affiliated with state associations throughout the country and represents the interests of more than 993,000 licensed and registered Mortgage Loan Originators and 68,000 licensed Mortgage Broker and Mortgage Lender businesses throughout the US. The Association hosts several meetings throughout the year. Engage the organization via social media: https://www.facebook.com/NAMBPros
About Liberty Reverse Mortgage:
Liberty Reverse Mortgage (Liberty) is a division of PHH Mortgage Corporation, a subsidiary of Ocwen Financial Corporation (NYSE: OCN), and one of the nation's largest reverse mortgage lenders dedicated to educating seniors about the different reverse mortgage options available to them and providing loans that help them meet their financial and personal needs. Our team of professionals has the experience, integrity, and communication skills that it takes to help seniors understand reverse mortgages and the loan options that fit them best in order to truly change their lives. To learn more about Liberty, visit http://www.libertyreverse.com or call (800) 218-1415.
Media Contact
Joshua Steinfeld, Steinfeld Consulting, 1 339-225-1581, [email protected]
SOURCE Steinfeld Consulting
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