CampusMBA, the education division of the Mortgage Bankers Association (MBA), has launched Reverse Mortgage Central, a complete training solution.
According to the MBA, the new three-part live online series and classroom-based course are designed to provide professionals with insight into candidate qualifications and how reverse mortgages can be leveraged responsibly as part of a senior's overall retirement plan.
‘As more baby boomers reach qualifying age, we're seeing an array of public and private sector institutions develop products to assist them with life changes, especially when it comes to financial planning,’ says John Golden, the MBA's senior vice president of education. ‘While we see increasing demand for reverse mortgages, it's vitally important that industry professionals have a thorough understanding of the products in order to responsibly originate the loans while providing seniors with yet another option for their financial future.’
In addition to hosting live online workshops, CampusMBA is hosting its first instructor-led, classroom-based course – entitled ‘Understanding Reverse Mortgages’ – on August 12 in Washington, D.C. Alice Alvey, Master Certified Mortgage Banker, will serve as the lead course instructor.
Source: Mortgage Bankers Association