When a new reverse mortgage closes, the appraiser and underwriter may have identified repairs to the property that are required to be completed to bring the property into … more Servicing Corner: Why Completing Required Repairs ASAP is Important
Reference Section
From the Top: Brett Dunn, PhD, Chief Investment Officer/Chief Operating Officer, Traditional Mortgage Acceptance Corp.
Over the past eight years, the Dunn Family of Bellevue, WA has built Traditional Mortgage Acceptance Corp. (TMAC) into a top-tier reverse mortgage lender and issuer of Ginnie … more From the Top: Brett Dunn, PhD, Chief Investment Officer/Chief Operating Officer, Traditional Mortgage Acceptance Corp.
America Never Had So Many 65-Year-Olds
A recent article in the Wall Street Journal noted that today’s 65-year-olds are wealthier and by many measures, healthier, and expected to live another 20 years. A growing … more America Never Had So Many 65-Year-Olds
FHA Issues FAQ for Branch Registration Requirements
The Federal Housing Administration published Frequently Asked Questions in response to a final rule that updates branch office registration requirements. Details were announced in FHA Info #2024-2. Why … more FHA Issues FAQ for Branch Registration Requirements
Association Responds to NJ Bill Requiring Face-to-Face Counseling
NRMLA, through its State and Local Issues Committee, sent a letter to New Jersey state Senator Shirley K. Turner that addressed concerns over a proposed bill that she … more Association Responds to NJ Bill Requiring Face-to-Face Counseling
Final Rule Updates Older Americans Act Programs
The Administration for Community Living (ACL) published a final rule that makes the first substantive changes to Older Americans Act (OAA) programs and services in 36 years. What’s … more Final Rule Updates Older Americans Act Programs
Yikes, Household Debt Spikes
U.S. households increased their total debt by $271 billion during Q4 2023 – roughly 19% more than the average for Q4 over the past 20 years. As a … more Yikes, Household Debt Spikes
FHA Removes Mandatory Branch Registration Requirement
The Federal Housing Administration published a final rule in the Federal Register [Docket No. FR-6321-F-02] that eliminates the current requirement for Mortgagees to register branch offices where they … more FHA Removes Mandatory Branch Registration Requirement
Brookings Institution Examines Evolution of Retirement Policy
The Retirement Security Project at The Brookings Institution convened an event last week that traced the evolution of retirement policy in recent decades and discussed the many ways … more Brookings Institution Examines Evolution of Retirement Policy
New Forecast: Couples May Need $413K For Future Healthcare
The Employee Benefits Research Institute estimates that couples with high Medicare prescription drug expenditures will need $413,000 to have a 90 percent chance of having enough money to … more New Forecast: Couples May Need $413K For Future Healthcare
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