The Bipartisan Policy Center, a Washington, DC-based think tank, published a chartbook that explains the status of Social Security and Medicare – who the programs cover, how they are funded, and what … more Social Security and Medicare Explained
Family Circle Magazine published an article titled, “A Mortgage That Pays You,” that summarizes the pros and cons of reverse mortgages, quotes NRMLA President and CEO Peter Bell on the benefits … more Family Circle Magazine Highlights NRMLA Consumer Site
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Social Security offers a minimum benefit to retired workers with very low career earnings. However, according to the final paper in a series of issue briefs on modernizing Social Security … more Why Social Security’s Minimum Benefit Needs Fixing
Nearly half of full-time workers ages 51 to 54 experience job loss after age 50 that substantially reduces earnings for years or leads to long-term unemployment, which then … more How Secure Is Employment at Older Ages? Not Very.
Ginnie Mae Executive Vice President and Chief Operations Officer Michael Bright announced his departure effective January 16 and requested that his nomination to be the agency’s next president be … more Ginnie Mae EVP Michael Bright Stepping Down
Fewer than half of retirees (46 percent) agree that they have built a large enough retirement nest egg, with only 16 percent “strongly” agreeing and 30 percent “somewhat” … more Transamerica: 46 Percent of Retirees Say They Are Financially Prepared
HMBS float fell again in December as big payoffs continued to outweigh falling issuance. With just over $900 million in payoffs, total outstanding HMBS ended the month at … more December HMBS 2018 Part II: Fixed A-Fixin’ For Extinction (Or At Least Constriction) Due To HUD Restrictions
As Americans continue to live longer lives, they will by challenged by high out-of-pocket medical expenses, the possibility of making financial mistakes due to declining cognitive abilities and … more Longevity Could Exacerbate Challenges Facing Retirees
While the Federal Housing Administration cannot insure new Home Equity Conversion Mortgages during the government shutdown, existing HECM borrowers whose loans are being serviced by FHA continue to … more FHA Services Available During Government Shutdown