Thursday, February 28, 2008

Monday, November 19, 2007

NRMLA Conference

Last week's Annual Conference offered many ways to judge reverse mortgage growth. One was simply the 1300 attendees, up from 850 last year and a mere 45 back in 2000. Another was the universal conviction of every attendee I talked to that RMs were a serious growth business. Optimism and confidence in the future seemed rampant. Last was the lack of any serious issues facing the business. The forward mortgage industry's credit issues were notable only for their absence. Many of the current needs for building the RM business were addressed; change and progress was evident virtually everywhere.