According to a new survey published by the Transamerica Center for Retirement Studies, almost seven in 10 middle-class Americans are confident that they will be able to fully … more Survey Examines Middle-Class Finances, Retirement Preparations
Reference Section
HUD Finalizes Debenture Interest Updates
The Federal Housing Administration published updates for the payment of debenture interest on HECM claims and established a process for adjusting debenture interest for claims already filed for loans … more HUD Finalizes Debenture Interest Updates
DC Relaunches Reverse Mortgage T&I Program
The District of Columbia Housing Finance Agency will provide up to $40,000 under its Reverse Mortgage Insurance & Tax Payment Program (ReMIT) to help eligible homeowners pay delinquent … more DC Relaunches Reverse Mortgage T&I Program
“Is the Retirement Picture for Millennials Looking Better?”
According to a new Issue Brief published by Boston College’s Center for Retirement Research, Millennials now have more net wealth relative to income in their 30s than Gen … more “Is the Retirement Picture for Millennials Looking Better?”
From the Top: Marion McDougall, CEO, Celink
For two decades, Celink has been the nation’s leading subservicer of reverse mortgages. Celink’s clients own the servicing rights to the loans they originate but contract with Celink … more From the Top: Marion McDougall, CEO, Celink
Servicing Corner: Preparing Borrowers and their Heirs for the Death of the Last Borrower
Being prepared in advance is key. The more the borrower and their heirs understand in advance, the smoother the resolution of the HECM loan and property will go … more Servicing Corner: Preparing Borrowers and their Heirs for the Death of the Last Borrower
Why Americans Are Pleasantly Surprised in Retirement
For 22 years, Gallup has conducted an Economic and Personal Finance survey in April that has surveyed non-retirees’ and retirees’ expectations for living a financially comfortable retirement. This … more Why Americans Are Pleasantly Surprised in Retirement
Top Three Social Barriers to U.S. Senior Health
Alignment Health’s 2024 Social Threats to Aging Well in America survey explores the primary social and environmental factors, known as social determinants of health, preventing U.S. seniors from … more Top Three Social Barriers to U.S. Senior Health
Washington State Establishes LTC Program for Older Population
Many older adults will need some form of long-term care during retirement, yet there remains a huge challenge over how to pay for it. In a new Issue … more Washington State Establishes LTC Program for Older Population
Social Security Benefits Lose 20 Percent Of Buying Power Since 2010
The 2024 Loss of Buying Power study published by The Senior Citizens League found that, on average, payments for retired workers would need to rise by $4,440 per … more Social Security Benefits Lose 20 Percent Of Buying Power Since 2010
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