Research published by LendingTree finds that, from 2020 through 2025, home insurance rates rose 45.8 percent nationally, compared with a 26.1 percent inflation rate. That’s a 19.7 percentage … more LendingTree: Home Insurance Rate Hikes Are Outpacing Both Inflation and Income Growth
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.
FHA Streamlines Case Number Assignment Process for Condo Single-Unit Approval
The Federal Housing Administration is updating FHA Connection (FHAC) to simplify and speed up the process for assigning case numbers to units in condominium projects eligible for single-unit … more FHA Streamlines Case Number Assignment Process for Condo Single-Unit Approval
TN Governor Signs Bill Paving Way For Prop Products
Tennessee Governor Bill Lee signed legislation (HB 2382) into law this week authorizing the approval of proprietary reverse mortgages in the state. The law took immediate effect. Why … more TN Governor Signs Bill Paving Way For Prop Products
State-Run IRAs Hit Record Savings and Worker Participation Levels
YahooFinance reported this week that state-sponsored Individual Retirement Accounts (IRAs) reached a significant milestone as more than one million workers across 15 states have now saved $3 billion … more State-Run IRAs Hit Record Savings and Worker Participation Levels
HUD OIG Highlights LESA Concerns
An audit conducted by HUD’s Inspector General on the effectiveness of Life Expectancy Set-Asides has concluded that an estimated 1,237 HECM borrowers are at risk of seeing their … more HUD OIG Highlights LESA Concerns
Member Spotlight: Jackson Matheson, Fairway Home Mortgage
To help members connect and learn from one another, NRMLA regularly features professionals from across the reverse mortgage ecosystem in its Member Spotlight series. This edition highlights Jackson … more Member Spotlight: Jackson Matheson, Fairway Home Mortgage
Study: Boomers Reluctant to Talk Finances With Kids
A recent article in the Wall Street Journal highlights that Baby Boomers are sitting on an estimated $110 trillion in wealth while that number is closer to $46.2 … more Study: Boomers Reluctant to Talk Finances With Kids
Society of Actuaries Publishes Retirement Risk Survey Findings
The Society of Actuaries’ biennial Retirement Risk Survey reveals Americans are facing growing challenges when it comes to retirement security, with inflation, caregiving responsibilities and unexpected financial shocks … more Society of Actuaries Publishes Retirement Risk Survey Findings
Life & Money: Retirement Security in the USA
Just under 60 percent of U.S. residents believe they’re building or have built a large enough retirement nest egg—up slightly from 55 percent in 2020. That’s according to … more Life & Money: Retirement Security in the USA
Americans’ Confidence Worsens Over Inflation Fears and Future of Retirement Programs
Fewer workers and retirees are confident they have enough money to live comfortably in retirement, according to the 36th Annual Retirement Confidence Survey published by the Employee Benefit … more Americans’ Confidence Worsens Over Inflation Fears and Future of Retirement Programs
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