RMEP stands for Reverse Mortgage Education Project (AARP Foundation)
Reverse Mortgages are growing rapidly, and education and understanding is need that has to provided to consumers.
The AARP Foundation’s Reverse Mortgage Education Project (RMEP) provides independent information to consumers about reverse mortgages and other, less costly alternatives. It also provides support services to a national network of counselors approved by the U. S. Department of Housing and Urban Development (HUD) to counsel consumers interested in HUD’s Home Equity Conversion Mortgage (HECM) program. The RMEP is funded by HUD and the AARP Foundation.
Support services include:
1) Generic Consumer Resources
2) HECM Counseling Referrals
3) HECM Counselor Training
4) HECM Counselor Exam
5) HECM Counseling Protocol
6) Model Loan Analysis Software
7) HECM Counselor Support & Development
8) HECM Counseling Evaluation
9) HECM Program Issues
More information:
www.hecmresources.org/project/proje_project_goals.cfm
www.aarp.org/money/revmort/
