George Morales, a key figure in the mortgage industry, recently outlined the ambitious goals of the MISMO workgroup in expanding access to reverse mortgages. The workgroup is focused on addressing key challenges and opportunities in the market, with the ultimate aim of making reverse mortgages more accessible to a wider range of consumers. Morales emphasized the need for collaboration and innovation within the industry to drive progress and create more options for older homeowners looking to tap into their home equity.

Key points from George Morales’ discussion on the work ahead for the MISMO workgroup include:
– The goal of expanding accessibility in the reverse mortgage industry
– Addressing challenges and opportunities in the market
– Emphasizing collaboration and innovation to drive progress
– Creating more options for older homeowners looking to access home equity
– The importance of industry-wide efforts to drive change and increase access to reverse mortgages.

You can read this full article at: https://www.housingwire.com/articles/reverse-mortgage-veteran-appointed-chair-of-mismo-working-group/(subscription required)

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