Question: Is it okay to tell your clients that the Line of Credit is guaranteed and will always be available to them? Answer: No, the line of credit … more Servicing Corner: Is a LOC Guaranteed to Be Available For Borrowers?
Two new reports from the National Council on Aging examine how home equity can impact cash flow and enable more older adults to age in place. Both reports … more NCOA Highlights How Home Equity Can Help People Age In Place
The recent spurt in inflation is an important reminder that keeping pace with the cost of living is one very valuable feature of Social Security. However, a new … more Understanding the Impact of Inflation on Social Security Benefits
The U.S. Department of Housing and Urban Development awarded $30 million to 32 nonprofit organizations, state and local governments and public housing authorities to perform home modifications for … more HUD Awards $30 Million to Help Older Homeowners Age In Place
The U.S. Treasury Department this week published Homeowner Assistance Fund (HAF) guidance that includes reverse mortgages on the list of eligible mortgage types that can receive federal assistance … more Treasury: Reverse Mortgage Borrowers May Qualify For HAF Funds
HMBS issuers posted another strong month in July with just over $1.1 billion in new issuance, as refinancing activity continued to be strong. 106 pools were issued in … more HMBS July 2021: Long Hot Summer
Working longer is a key to retirement security, but recent worsening health trends raise the question of how long people will be able to work. That’s according to … more Are Older Workers Capable of Working Longer?
The Senate Finance Committee held a hearing this week to examine ways Congress can build on bipartisan retirement legislation. Brian Graff, CEO of the American Retirement Association … more Finance Committee Examines Opportunities to Enhance Retirement Security
The National Reverse Mortgage Lenders Association created, “What Do I Do When My Loan is Due?,” to walk reverse mortgage loan borrowers and their families through the end … more What Do I Do When My Loan is Due?
About half of the nation’s private-sector employees do not have a retirement savings plan at work, and that hasn’t changed in at least 40 years, according to a … more State Auto-IRAs Are Building Momentum