A new study published by the Collaborative for Equitable Retirement Savings finds that Black and Hispanic workers withdraw a larger portion of their account balances before retirement. The … more Preretirement Withdraws Might Explain Retirement Savings Gap
Darryl Hicks is Vice President of Communications for the National Reverse Mortgage Lenders Association. In this capacity, Hicks writes for NRMLA's publications, manages the association's web sites and social media accounts, assists committees and the Board of Directors, and manages the Certified Reverse Mortgage Professional designation. Prior to joining NRMLA in 1999, Hicks spent three years in the Washington, D.C. bureau for National Mortgage News.
Report Analyses Global Market Potential for Equity Release Products
The European Pensions and Property Asset Release Group (EPPARG) and EY published the Global Equity Release Roundtable 2023 survey report, which highlights that the global equity release market … more Report Analyses Global Market Potential for Equity Release Products
Are You Planning to Live to 100?
More than half (54%) of Americans say it’s their goal to live to 100, according to a new study from Corebridge Financial and The Longevity Project. What they’re … more Are You Planning to Live to 100?
Ginnie Mae Adopts Cybersecurity Notification Requirement
Ginnie Mae has implemented Cybersecurity Incident reporting requirements as part of its continued commitment to the security and integrity of all operational systems and critical technology infrastructure related … more Ginnie Mae Adopts Cybersecurity Notification Requirement
23 Facts That Illustrate Women’s Risky Retirement Outlook
Only 19% of women workers are “very” confident that they will be able to retire with a comfortable lifestyle, according to 23 Facts About Women’s Retirement Outlook, a … more 23 Facts That Illustrate Women’s Risky Retirement Outlook
Improving Access to Home Equity Can Help Fix America’s Retirement System
One way to fix America’s retirement system is to provide better access to housing equity in retirement, according to a recent paper published by economists Ben Harris and … more Improving Access to Home Equity Can Help Fix America’s Retirement System
NRMLA Submits Letters of Support
House Bill 7073 and Senate Bill 7074 would amend existing law by basing the state’s documentary stamp tax on the principal limit instead of the maximum claim amount … more NRMLA Submits Letters of Support
Improving FHA’s Condo Forms and Policies
NRMLA, in coordination with the HUD Issues Committee, sent a letter to the Department of Housing and Urban Development that recommended ways to improve FHA’s condominium approval forms … more Improving FHA’s Condo Forms and Policies
National Risk Retirement Index Reaches New Low
From 2019 to 2022, the National Retirement Risk Index dropped from 47 percent to 39 percent — the lowest level since the NRRI was created in 2004. Why … more National Risk Retirement Index Reaches New Low
Servicing Corner: Why Completing Required Repairs ASAP is Important
When a new reverse mortgage closes, the appraiser and underwriter may have identified repairs to the property that are required to be completed to bring the property into … more Servicing Corner: Why Completing Required Repairs ASAP is Important
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