In anticipation of the transition away from LIBOR in 2021, NRMLA’s outside counsel, Weiner Brodsky Kider PC, published a comprehensive article that highlights efforts underway by the Alternative … more LIBOR Transition: Its History and Potential Issues Going Forward
Financial Services Committee Chairwoman Maxine Waters (D-CA) introduced the Emergency Housing Protections and Relief Act (H.R. 7301) this week to protect renters and homeowners, including reverse mortgage borrowers, … more Waters Introduces COVID-19 Bill That Helps HECM Borrowers
U.S. Census Bureau statistics released this week show the nation’s 65-and-older population grew by over a third (34.2 percent or 13,787,044) during the past decade and by 3.2 … more 65+ Population Grows By 34 Percent Over Past Decade
The Department of Housing and Urban Development has just announced the re-extension of exterior-only appraisals through August 31, 2020. Details were provided in Mortgagee Letter 2020-20. The re-extension … more FHA Extends Exterior-Only Appraisals Through August 31
Market shocks are a growing concern to more than half of U.S. households who now own equities, mainly due to the shift from traditional pensions to 401(k) plans, … more How Exposed Are Retirement Savings to Market Risk?
Due to Covid-19, 71 percent of Americans anticipate the pandemic to impact their retirement plans, with Gen X expecting to be hit the most (76 percent), according to … more TD Ameritrade: 71 Percent of Americans Predict Retirement Plan Changes
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The Consumer Financial Protection Bureau launched a pilot advisory opinion (AO) program to publicly address regulatory uncertainty in the Bureau’s existing regulations. The pilot AO program will allow … more CFPB Launches Pilot Advisory Opinion Program
The Federal Housing Administration extended its foreclosure and eviction moratorium through August 31, 2020. The announcement was made in Mortgagee Letter 2020-19. This guidance is applicable to all … more Foreclosure and Eviction Moratorium Extended to August 31
A new issue brief from the Center for Retirement Research at Boston College finds that while older workers are well-situated to work from home and stay protected from … more Can Older Workers Work from Home?