Registration Open for NASCUS' August Webinar: Reverse Mortgages
July 15, 2010 As the population ages, the financial industry continues to look at reverse mortgages. This session will help examiners and credit unions get up to speed on this important and sometimes risky product. The webinar will take place August 18, 2010 at 1:00 p.m. Eastern
This webinar will feature speaker Chuck Cross, Vice President of Mortgage Regulatory Policy for the Conference of State Bank Supervisors (CSBS), for discussion on who can obtain a reverse mortgage, what types of homes are eligible, the costs associated with reverse mortgages and the fund disbursement options. In addition, Cross will discuss Reverse Mortgage Examination Procedures (RMEGs) and FFIEC's Proposed Guidance to Industry Reverse Mortgage Examination Guidelines (RMEGs).