NRMLA Announces First Class Of CRMP Designees

Posted by Orb Staff on June 29, 2010 No Comments
Categories : Residential Mortgage

tional Reverse Mortgage Lenders Association ([link=http://www.nrmlaonline.org/]NRMLA)[/link] has announced the first class of members who have met all the qualifications and have received their Certified Reverse Mortgage Professional (CRMP) designations. The CRMP designation was created by an independent certification committee comprising members of NRMLA that will administer the program while working in concert with Professional Testing Inc., an Orlando, Fla.-based company that has developed more than 2,500 licensure and certification programs for 125 occupations. Each of the designees was required to have a minimum of two years of experience in the reverse mortgage business and close at least 50 loans; take 12 hours of continuing education courses, as well as NRMLA's three-hour ethics course; pass a background check; and sit through a three-hour exam. The certification is valid for three years, during which time designees must sit for an additional 12 hours of continuing education per year to be re-certified. ‘We were intent on creating a Certification that is rigid enough to demand the respect of professionals and government officials and the confidence of America's seniors,’ says Peter Bell, president of NRMLA. SOURCE

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