Welcome to Ibis RMA.
 The Reverse Mortgage Analyst

User Log- In

This calculator is intended for counselors on the HUD HECM Counselor Roster. You can launch the FIT system directly from Ibis through a link on the Navigator page. Other features include sticky notes, calendar tasks, and the ability to reassign a client to another user in your organization.
If your client has a Record Locator Number, you can enter it on the Navigator page and info about your client and the products proposed to them will flow into RMA. An Ibis RLN will save you some typing and ensures you that your client has received a complete pre-counseling package either from your agency or a lender unknown to you.
A sample non-borrowing spouse ("NBS") certification page has been added to Ibis RMA. As part of the HECM loan package it must be signed by any borrower with a NBS and by all borrowers who are not married, i.e., all single borrowers. If there are two single borrowers, each must sign one of these certification pages. To view and print this page, click here > NBS Page <.
SOFTWARE UPDATES: As per ML2019-20, the 2020 Nationwide Home Equity Conversion Mortgage (HECM) Limits have been increased to $765,600. For the period January 1, 2020 through December 31, 2020, the maximum claim amount for FHA-insured HECMs will be $765,600. To apply the new lending limit that goes into effect Jan 1, 2020, select “Case Number will be assigned on or AFTER 1/1/2020...” on the Estimates pate.
HUD counseling session Q&A tracking: We have submitted our first report on this new feature to HUD covering the month of December 2015. The report includes info on which agencies and counselors are using the Ibis Q and A form as suggested in HUD's December 3 Announcement. If you'd like to see the results for your agency, have your supervisor contact Ibis.

95% of the first ten questions are being marked as correctly answered. The weakest one is #4 at 88% "Does the money you get from a reverse mortgage ever have to be paid back?" Yes, it does. We're not counselors, but suspect the non-recourse feature is blurring how clients think on this question.

Questions 11 and 12 on refinancing fared a bit less well than the first ten general questions. Questions 13 thru 16 on home purchase were answered correctly 100% of the time. These questions (11 thru 16) were less than 4.0% of the total asked.

The menu at the top of each page has a link to “Questions ”. But rather than clicking back and forth between pages and questions, you might print out copies of the Ibis Q and A page. Hand mark a copy as you go thru the session, then, at the end of the session, fill out the Ibis online form all at once.

Log In
 User ID
  Show Password
By click on the Submit button below,
I agree to the End User License Agreement.
Make your entries, then click  
 Forgot password? Click on the link below to reset it.
Reset Password
New user? Click Here to request a User ID and Password.
 Reset Password did not work? Click Here to request your password.
Other inquiries?
Email support@ibisrmo.com. Or, after 11 AM Eastern time call 800-566-5077
To login to the BCU system, click => Log-in to BCU
To login to the FHAC system, click => FHAC Log-in
Aug 7,2020 v8.2

Warning: This site is provided by Ibis Software Corporation ("Ibis") under a contract with HUD. The contract provides exclusive access to this site to individuals listed on the HUD HECM Counseling Roster or otherwise approved by HUD. The software supporting this site is copyrighted (c) by Ibis which also has Patents Pending. Ibis has been providing online reverse mortgage tools since 1999 and PC-based reverse mortgage tools since 1992.

HUD and Ibis hereby restrict the use of this calculator to noncommercial purposes. Counselors may use this calculator to generate loan estimates, but may not sell this information in whole or in part to any party. All commercial uses are restricted and unauthorized and may constitute a violation of U. S. copyright law. This calculator is not for commercial use. Commercial users are not to use this calculator.