A report published by Mustel Group and Sotheby’s International Realty Canada finds that 86 percent of older homeowners in Canada’s key metropolitan areas want to live in their current home for as … more 86 Percent of Canadians Want to Age in Place
Reference Section
HMBS August 2020 Part II: HMBS Supply Rises Again
Outstanding HMBS rose by about $146 million in August, as payoffs fell and issuance continued strong. Payoffs totaled just under $860 million, as mandatory purchases continued to fall. … more HMBS August 2020 Part II: HMBS Supply Rises Again
Morningstar Study Examines Retirement Longevity
While people planning for retirement or who have already taken that step may think they’ve got their futures pretty well taken care of, a new study by Morningstar … more Morningstar Study Examines Retirement Longevity
FHA Issues Forbearance Guidance and HERMIT Changes
The Federal Housing Administration published Mortgagee Letter 2020-30, which provides underwriting guidelines for homeowners who were granted a mortgage forbearance due to the COVID-19 National Emergency. Additionally, ML … more FHA Issues Forbearance Guidance and HERMIT Changes
Four Key Ingredients To Succeed In New Retirement Age
Research published recently by Edward Jones and consulting firm Age Wave finds that older Americans are living in a new retirement age that allows them to be more … more Four Key Ingredients To Succeed In New Retirement Age
What Your Medicare Costs Could Look Like In Retirement
A new study from the Employee Benefit Research Institute finds that Medicare premiums and out-of-pocket prescription drug costs from age 65 on could cost $130,000 if you’re a … more What Your Medicare Costs Could Look Like In Retirement
Guidance Regarding Presidentially-Declared Disaster Areas
The Federal Housing Administration this week issued FHA INFO #20-64 as a clarification to mortgagees about its guidance for originating and/or servicing FHA-insured mortgages in locations in the U.S. and … more Guidance Regarding Presidentially-Declared Disaster Areas
Life Will Never Be the Same For People Over 60
Imagine this scenario, perhaps a year or two in the future: An effective COVID-19 vaccine is routinely available, and the world is moving forward. Life, however, may never … more Life Will Never Be the Same For People Over 60
NRMLA Proposes Improvements to Condo Forms and Policies
With input from the HUD Issues Committee, NRMLA recommended further changes to Forms HUD-9991 and HUD-9992 and that fees charged by condominium associations for completing these forms be … more NRMLA Proposes Improvements to Condo Forms and Policies
HECM Endorsement Analytics – August 2020
HUD’s August 2020 HECM Endorsement Summary Report shows a fourth consecutive strong print month, with 4,007 endorsements, our summary report of which can be found here: NV Endorsement … more HECM Endorsement Analytics – August 2020