In a new Issue Brief, researchers at the Center for Retirement Research examined the idea of investing some of the Social Security trust fund’s assets in equities to maintain … more Should Social Security Invest In Equities?
Reference Section
Reverse Mortgages Eligible for Hawaii’s HAF Program
Hawaii Governor Josh Green announced this week that reverse mortgage borrowers are now eligible for the state’s Housing Assistance Fund program, and he increased to $60,000 the maximum amount that eligible … more Reverse Mortgages Eligible for Hawaii’s HAF Program
From the Top: Matt Neumeyer, President & Founder, Premier Reverse Mortgage
Matt Neumeyer graduated from Georgia Tech in 2003 and soon after interviewed for a job with Smith Barney. “I wanted to be a financial advisor, but they wanted … more From the Top: Matt Neumeyer, President & Founder, Premier Reverse Mortgage
T. Rowe Price: SECURE 2.0 Could Boost Financial Wellness For Retirement Savers
T. Rowe Price published a white paper focused on how the primary sources of financial stress—specifically, the lack of emergency savings and the burden of student loan debt—can … more T. Rowe Price: SECURE 2.0 Could Boost Financial Wellness For Retirement Savers
U.S. Median Age Hits Record High
Today, the U.S. Census Bureau released new statistics in its Vintage 2022 Population Estimates that show the nation’s median age increased by 0.2 years to a record 38.9 years between … more U.S. Median Age Hits Record High
FHA Publishes Documents In New Languages
The Federal Housing Administration published more than 30 single-family mortgage documents and related resources used in the origination of FHA-insured mortgages, including HECMs, in Chinese, Korean, Spanish, Tagalog, and Vietnamese. … more FHA Publishes Documents In New Languages
New CO Law Protects Borrowers Impacted By Disasters
Colorado Governor Jared Polis signed legislation (House Bill 1266) into law on June 7 that provides new protections for reverse mortgage borrowers who have to vacate their properties … more New CO Law Protects Borrowers Impacted By Disasters
New CFPB Issue Spotlight: Medical Debt and Older Adults
Older adults, most of whom are well-insured, are among the millions of Americans who experience problems with reporting and collection of inaccurate medical bills. In 2020, nearly four … more New CFPB Issue Spotlight: Medical Debt and Older Adults
U.S. Older Population Grew at Fastest Rate in 130 Years
The U.S. Census Bureau released new statistics from the last census taken in 2020 that revealed the U.S. population 65+ grew nearly five times faster than the total population between … more U.S. Older Population Grew at Fastest Rate in 130 Years
Ginnie Mae Issues LIBOR Transition Guidance
Ginnie Mae published guidance for issuers on the transition of all outstanding HECM Mortgage-Backed Securities tied to the London Interbank Offered Rate (LIBOR) to the Secured Overnight Financing … more Ginnie Mae Issues LIBOR Transition Guidance
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