NRMLA Conference Recap: Day 3

The third and final day of the NRMLA annual conference had great nuggets and good times. While the first two days of the conference had more definite tracks, the third day had a number of smaller sessions occurring simultaneously in the morning, followed by one final general session.

Though by the last session, most of the attendees had already left, the last half day was still extremely helpful and productive. The double session workshop on reverse mortgages in California was in depth, interactive, and very interesting. It made many of the problems surrounding the California legislation abundantly clear-- a topic that will be revisited later this week. Without going into the details though, I will add that it was a great idea of NRMLA to add a specialized session on a topic that is clearly controversial. I hope NRMLA will add workshops for other states as the situation merits it.

The last session of the conference was (arguably) a pep rally encouraging attendees to get more involved in lobbying and legislative efforts within the reverse mortgage industry. Encouraging attendees to meet their representatives and senators was a good message. It was refreshing to hear the positive receptions many of those in attendance had received from their legislators. In an industry with so much regulation, the idea of empowering ourselves to act and take the initiative in getting to know the decision makers was an important and appealing one.

As the conference closed and the attendees left to head back to their homes throughout the country, NRMLA certainly provided enough to keep the industry occupied for awhile... and left us waiting expectantly for next year in New Orleans.