Roughly half of America’s small businesses (those with fewer than 100 employees) offer a retirement plan. To better understand why the other half doesn’t, the Center for Retirement … more Why Do Some Small Businesses Offer Retirement Plans?
Industry News & Reference
Transamerica Examines Workers’ Retirement Outlook and Challenges
Almost half of U.S. workers (49 percent) expect their primary source of retirement income to come from self-funded savings, such as a 401(k) or IRA, but the average … more Transamerica Examines Workers’ Retirement Outlook and Challenges
Goldman Sachs: Competing Priorities Hinder Retirement Saving For Women
While women control one third of U.S. household financial assets ($10.9 trillion) and comprise 47 percent of the workforce, many of them struggle to save adequately for retirement … more Goldman Sachs: Competing Priorities Hinder Retirement Saving For Women
Compu-Link Officially Takes Over as HUD’s Contract Subservicer
NRMLA was notified this morning by HUD’s Tulsa Servicing Center that Compu-Link has officially taken over as the Department’s contract subservicer for assigned HECM reverse mortgages. Mail is … more Compu-Link Officially Takes Over as HUD’s Contract Subservicer
Government Releases Annual Profile of Older Americans
The Administration for Community Living published its Annual Summary of Statistics On Older Adults that illustrates the shifting demographics of Americans age 65 and older. It includes statistics on … more Government Releases Annual Profile of Older Americans
Transamerica: Societal Headwinds Are Undermining Women’s Retirement Security
A new report from the Transamerica Center for Retirement Studies® (TCRS) finds that more than four in 10 working women (41 percent) expect to retire at age 70 … more Transamerica: Societal Headwinds Are Undermining Women’s Retirement Security
FHA Rescinds the Mandatory Use Date for FHA Catalyst’s Electronic Appraisal Delivery Module
The Federal Housing Administration rescinded the mandatory use date for mortgagees to submit appraisals for single family Title II forward and reverse mortgage endorsements through the FHA Catalyst: … more FHA Rescinds the Mandatory Use Date for FHA Catalyst’s Electronic Appraisal Delivery Module
Final Rule Allows HECM Borrowers to Purchase Private Flood Insurance
The Department of Housing and Urban Development published a final rule today that gives homeowners who are applying for a government-insured loan, including a Home Equity Conversion Mortgage, on … more Final Rule Allows HECM Borrowers to Purchase Private Flood Insurance
Study: Spouse In Nursing Home Increases Poverty Risk
The Squared Away Blog, published by the Center for Retirement Research at Boston College, profiled a recent study from the Michigan Center for Retirement and Disability Research Center … more Study: Spouse In Nursing Home Increases Poverty Risk
Health of HECM Program Improves in FY2022
Buoyed by strong home price appreciation, the financial health of the Home Equity Conversion Mortgage portfolio dramatically improved in fiscal year 2022, ending September 30 with stand-alone capital … more Health of HECM Program Improves in FY2022
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