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
Reference Section
Reverse Mortgage Proprietary Product Updates
Back in August, NRMLA unveiled a product comparison chart to help members differentiate proprietary reverse mortgages offered by Finance of America Reverse, Reverse Mortgage Funding LLC, Longbridge Financial … more Reverse Mortgage Proprietary Product Updates
How Secure Is Employment at Older Ages? Not Very.
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 EVP Michael Bright Stepping Down
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
Transamerica: 46 Percent of Retirees Say They Are Financially Prepared
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
December HMBS 2018 Part II: Fixed A-Fixin’ For Extinction (Or At Least Constriction) Due To HUD Restrictions
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
Longevity Could Exacerbate Challenges Facing Retirees
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
FHA Services Available During Government Shutdown
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
2018 HMBS Issuer Rankings – RMF Surges Ahead
RMF was the #1 start-to-finish HMBS issuer in 2018, responsible for $3.92 billion of HMBS securities, a whopping 41% market share, well ahead of second place AAG’s 20% … more 2018 HMBS Issuer Rankings – RMF Surges Ahead
December 2018 HMBS: Mostly Coal in the Stocking, Annual Issuance Falls Over $900 Million
HMBS issuance rose in December 2018 to just over $619 million, helped by three highly seasoned pools of original collateral. Without those three issues, December issuance was very … more December 2018 HMBS: Mostly Coal in the Stocking, Annual Issuance Falls Over $900 Million