Real estate

FHA head Julia Gordon returns to NRMLA Annual

Julia Gordon, the commissioner of the Federal Housing Administration (FHA) and a leading voice at the U.S. Department of Housing and Urban Development (HUD), returns for the third consecutive year to the National Association of Reverse Mortgage Lenders‘s (NRMLA) annual meeting and expo to take place in San Diego this September.

Julia Gordon

The announcement was made by NRMLA in an email alert to its members. Gordon will deliver a keynote address to kick off the conference on September 24 at the Hard Rock Hotel.

The association said Gordon will discuss “notable achievements to date in 2024” for the Home Equity Conversion Mortgage (HECM) program, along with other reverse lending priorities.

At last year’s event, Gordon used her public speaking time to assure the reverse mortgage lending professionals in attendance that HUD and FHA remain committed to the HECM program.

“[O]For people who own homes, we also know that almost all of them – according to some statistics I found, 92% – want to age in their own home,” Gordon said in Nashville last October. “And helping seniors who want to stay in their homes as long as possible is what FHA’s Home Equity Conversion Mortgage is all about.”

Within that reality lies an obligation, she added.

“That’s why I want to say clearly up front, again this year, as we did last year, that we at FHA are fully committed to the health, stability and broad availability of the HECM program,” she said to applause.

Gordon also spoke to HousingWire‘s Reverse Mortgage Daily (RMD) during the 2023 event, a conversation released as part of an episode of The RMD Podcast in November.

See also  FHA Commissioner, HUD Counseling, Chief of Serving Seniors with Reverse Mortgages

Related Articles

Back to top button