More Americans believe they’re saving enough for retirement, according to Goldman Sachs’ “Retirement Survey & Insights Report 2023,” which found that 65 percent of respondents felt their savings … more Goldman Sachs: Retirement Sentiment Improving Despite Challenges
Reference Section
HUD Publishes Updates HECM Portion of Housing Counseling Handbook
The U.S. Department of Housing and Urban Development’s Office of Housing Counseling updated its Housing Counseling Program Handbook (Handbook 7610.1 REV-6), including the section on HECM counseling. The … more HUD Publishes Updates HECM Portion of Housing Counseling Handbook
From the Top: Michael Branson, CEO, All Reverse Mortgage
Michael G. Branson, CEO of All Reverse Mortgage, Inc., Orange, CA, has worked in the mortgage business for 45 years, the last 18 years devoted exclusively to reverse … more From the Top: Michael Branson, CEO, All Reverse Mortgage
HUD Publishes FAQ on HECM Borrower and MIP Payments
The Department of Housing and Urban Development recently published FHA Info #23-69 to clarify policies related to the late payment of HECM mortgage insurance premiums and payments made to HECM … more HUD Publishes FAQ on HECM Borrower and MIP Payments
Transamerica Examines Retirement Security Across Generations
A recent survey published by the Transamerica Center for Retirement Studies® that examines the retirement outlook for Generation Z, Millennials, Generation X, and Baby Boomers finds that 41 percent of … more Transamerica Examines Retirement Security Across Generations
Servicing Corner: Is a LOC Guaranteed to Be Available For Borrowers?
Question: Is it okay to tell your clients that the Line of Credit is guaranteed and will always be available to them? Answer: No, the line of credit … more Servicing Corner: Is a LOC Guaranteed to Be Available For Borrowers?
HUD Publishes Guidance for Originating/Servicing Loans in Disaster Areas
In the wake of the devastating wildfires in Maui, HI, the Federal Housing Administration published FHA Info #2023-67 as a reminder to mortgagees about its guidance for originating and/or servicing … more HUD Publishes Guidance for Originating/Servicing Loans in Disaster Areas
NRMLA Submits Comments to HUD On Second Appraisals
In response to a request for public feedback on how HUD can make its programs easier to access and use, NRMLA submitted comments this week that proposed opportunities for streamlining … more NRMLA Submits Comments to HUD On Second Appraisals
BPC Interviews Ginnie Mae President Alanna McCargo
The Bipartisan Policy Center this week conducted a fireside chat with Ginnie Mae President Alanna McCargo. The event coincided with the recent anniversary of the signing of the … more BPC Interviews Ginnie Mae President Alanna McCargo
Survey: Ten Percent of Non-Retirees Plan to Claim Social Security at Age 70
According to the 2023 Schroders US Retirement Survey, only ten percent of non-retired Americans say they will wait until age 70 to receive their maximum Social Security benefit … more Survey: Ten Percent of Non-Retirees Plan to Claim Social Security at Age 70
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