The National Reverse Mortgage Lenders Association has launched an electronic resource guide that it said provides extended technical knowledge about reverse mortgages. The group introduced its NRMLAPedia at its 2008 Annual Meeting & Expo in Los Angeles. The guide has 100 user-requested topics, among them appraisals, disclosures, marketing and sales, processing, underwriting and servicing. The group expects the list to grow in response to further lender and borrower user requests. The association said it plans to initially sell NRMLAPedia to member on disks for a nominal fee and later make it available on the NRMLAOnline.org website. Various contributors will update information as needed.
Processing Content
