Bankrate’s annual Best and Worst States to Retire Study found that Delaware is the best state for retirees in 2024, followed by West Virginia (2), Georgia (3), South … more Best and Worst States to Retire in 2024
Reference Section
HUD Extends Foreclosure Relief to Maui Victims
The Federal Housing Administration extended its foreclosure moratorium for borrowers with FHA-insured mortgages in Maui County, HI, through January 1, 2025. Why it matters: This new extension — … more HUD Extends Foreclosure Relief to Maui Victims
Can MEPs Close the Retirement Savings Gap?
To encourage more small businesses to offer retirement savings options, policymakers approved changes in the SECURE Act of 2019 that made it easier for them to participate in … more Can MEPs Close the Retirement Savings Gap?
American Workers Cite Most Critical Retirement Policy Priorities
Fifty-eight percent of all workers — including 78 percent of Baby Boomers —believe the President and Congress should address Social Security’s funding shortfalls to ensure the program can … more American Workers Cite Most Critical Retirement Policy Priorities
HUD Proposes Updates to Debenture Interest Rates for HECM Claims
The Federal Housing Administration posted a draft Mortgagee Letter on its Drafting Table that proposes updates to HUD’s calculations for the payment of debenture interest on HECM claims. … more HUD Proposes Updates to Debenture Interest Rates for HECM Claims
HUD Proposes New Rules On Delinquent Note Sales
FHA published a proposed rule that seeks public feedback on its delinquent note sale program. What’s next: Public comments must be submitted by September 16, 2024. Why it … more HUD Proposes New Rules On Delinquent Note Sales
65+ Population Increases in Almost Every Metro Area
The 65-and-up population grew in all but one of America’s biggest cities from 2020 to 2023 — by close to 20 percent in some cases, according to the … more 65+ Population Increases in Almost Every Metro Area
CFPB Proposes Rules to Help Homeowners Avoid Foreclosure
The Consumer Financial Protection Bureau published a proposed rule that would update mortgage servicing rules in Regulation X. What’s next: Public comments are due by September 9, 2024. … more CFPB Proposes Rules to Help Homeowners Avoid Foreclosure
FHA Finalizes Changes to Defect Taxonomy
Effective immediately, Mortgagee Letter 2024-14 updates FHA’s Defect Taxonomy guidelines to include fraud or material misrepresentation involving a Third-Party Originator (TPO) as a Tier 1 severity defect. Why … more FHA Finalizes Changes to Defect Taxonomy
BPC Survey: Retirement Expectations Don’t Match Reality
A new survey commissioned by the Bipartisan Policy Center shows a striking mismatch between the income sources workers expect to rely on in retirement and the sources of … more BPC Survey: Retirement Expectations Don’t Match Reality