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NRMLA says it will keep pushing for HECM insurance changes after remarks by Ginnie Mae president

NRMLA says it will keep pushing for HECM insurance changes after remarks by Ginnie Mae president
loantrust.ai — home, refinance and investor loans from one licensed MLO
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HousingWire reports that the National Reverse Mortgage Lenders Association intends to keep pressing federal housing officials on reducing the upfront mortgage insurance premium for Home Equity Conversion Mortgages. The trade group's president, Steve Irwin, affirmed this continued advocacy following recent remarks by the Ginnie Mae president. The issue centers on the cost structure of federally insured reverse mortgages, a product category governed by HUD and FHA rules that NRMLA has long sought to make more accessible through lower premiums.

For borrowers navigating an environment where government-backed product costs remain in flux, the value of a financing partner that structures loans around actual circumstances rather than rigid templates becomes clearer. loantrust.ai works with investors and homeowners across conventional, FHA, and VA channels, alongside DSCR programs that qualify on property cash flow, bank-statement options for self-employed borrowers, and bridge, fix-and-flip, and new-construction financing. Each file is packaged by one licensed MLO rather than routed through a call center, a setup that tends to surface more paths when standard products carry shifting cost burdens.

The broader signal is that mortgage pricing and insurance structures at the federal level are subject to ongoing negotiation, not fixed settlement. Borrowers weighing reverse mortgages or any government-backed product benefit from a brokerage that tracks these moving parts without losing sight of the specific deal in front of them. loantrust.ai operates as a dedicated partner in that process, with an Atlanta-based originator licensed across the full range of consumer and investor programs.


Source: HousingWire, “NRMLA says it will keep pushing for HECM insurance changes after remarks by Ginnie Mae president”. Read the original →

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Hans Michel, Mortgage Loan Originator, NMLS #2857209 · LoanTrust is a dba of RentAssure Inc. · Licensed in Georgia · NMLSConsumerAccess.org · Equal Housing Opportunity. Nothing on this site is a commitment to lend — all loans subject to underwriting and approval. DSCR, fix & flip, bridge, new construction, multifamily, and bank-statement programs are business-purpose loans for investment properties only.

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