Richard Thorpe has over 33 years of experience in the mortgage industry with 20 of them being directly in the reverse mortgage space. He is a proven sales … more From the Top: Richard Thorpe, Divisional Vice President of Reverse One, CrossCountry Mortgage
Reference Section
Two-Thirds of Seniors Rely on Social Security for More Than Half Their Income
A survey conducted by The Senior Citizens League, a non-profit that advocates for increased Social Security benefits, found that 27 percent of older Americans rely solely on Social … more Two-Thirds of Seniors Rely on Social Security for More Than Half Their Income
How the Elections Could Impact Retirement Policy Issues
Ted Godbout, writer/editor for the American Retirement Association, reports that the possibility of Republicans controlling the Executive Branch, as well as both chambers of Congress, could have significant … more How the Elections Could Impact Retirement Policy Issues
FHA Issues New Flood Risk Management Standards for New Construction
Under the guidelines published in Mortgagee Letter 2024-20, all newly constructed dwellings located within the 1-percent-annual-chance (100-year) floodplain must be built at least two feet above the base … more FHA Issues New Flood Risk Management Standards for New Construction
Women Believe They Need This Amount to Retire
The survey conducted by the Transamerica Center for Retirement Studies finds that women workers believe they will need to have saved $500,000 by the time they retire to … more Women Believe They Need This Amount to Retire
Treasury Stresses SECURE 2.0 in Financial Inclusion Plan
To help foster financial well-being for all, but especially lower-income and minority households, the U.S. Department of the Treasury released a report commissioned by Congress that recommends federal … more Treasury Stresses SECURE 2.0 in Financial Inclusion Plan
Public Employees Share Retirement Concerns
A national survey of public employees from MissionSquare Research Institute reveals the vast majority (81 percent) are concerned they won’t have enough money to last throughout their retirement … more Public Employees Share Retirement Concerns
Substandard Housing Conditions Persist in the U.S.
According to government statistics, 6.2 million households live in substandard housing in need of repair. Furthermore, almost 14 percent of U.S. households headed by someone aged 80 and … more Substandard Housing Conditions Persist in the U.S.
States Make Case for Why Auto-IRAs Make Fiscal Sense
The Pew Charitable Trusts estimates that by the end of 2040 insufficient retirement savings will have cost states and the federal government a combined $1.3 trillion in increased … more States Make Case for Why Auto-IRAs Make Fiscal Sense
Baby Boomers’ Biggest Worry Might Surprise You
According to the 10th annual John Hancock Financial Resilience and Longevity Report, 57 percent of Baby Boomers are worried about the upcoming election, followed by inflation/cost of living … more Baby Boomers’ Biggest Worry Might Surprise You
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