Growth in NRMLA, the annual meeting and the industry overall has been nothing short of phenomenal. In the past three years alone, membership has grown more than 120%. This year, the number of reverse mortgages insured by the Federal Housing Administration is projected to exceed 100,000 for the first time. This is up from just 37,000 loans in 2004. To put it mildly, this market is on fire and now is the time to make sure you are positioned to take advantage of the growth opportunities that exist. Attending this year's Annual Meeting and Expo will be an important step.
NRMLA has played a major role in the widespread recognition and growth of the reverse mortgage industry. With multiple investors bringing in more product than ever before, America's retirees stand to benefit greatly in the years to come from the products and services offered by NRMLA members.