The Department of Housing and Urban Development published a proposed rule in the Federal Register this week that would amend HUD’s regulations to allow housing counseling agencies to use alternative communication … more HUD Proposed Rule Expands Counseling Delivery Options
Darryl Hicks is Vice President of Communications for the National Reverse Mortgage Lenders Association. In this capacity, Hicks writes for NRMLA's publications, manages the association's web sites and social media accounts, assists committees and the Board of Directors, and manages the Certified Reverse Mortgage Professional designation. Prior to joining NRMLA in 1999, Hicks spent three years in the Washington, D.C. bureau for National Mortgage News.
FHA Proposes Changes to HECM for Purchase Program
Today, the Federal Housing Administration announced changes to the HECM for Purchase program by expanding the list of acceptable funding sources, including premium pricing, and permitting additional interested … more FHA Proposes Changes to HECM for Purchase Program
ADU Income Can Be Used to Qualify HECM Borrowers
The Department of Housing and Urban Development updated its financial assessment guidelines to permit income from Accessory Dwelling Units (ADUs) to be used in qualifying older homeowners for … more ADU Income Can Be Used to Qualify HECM Borrowers
How Satisfied Are Retirees with the Social Security Claiming Process?
Retiring Baby Boomers are increasing the demand for Social Security Administration (SSA) services at a time when budget constraints and retiring staff are limiting the agency’s capacity to … more How Satisfied Are Retirees with the Social Security Claiming Process?
Census Bureau Releases New Report on Aging-Ready Homes
The U.S. Census Bureau released a new report showing that about four million U.S. households with an adult age 65 or older had difficulty living in or using … more Census Bureau Releases New Report on Aging-Ready Homes
Life in Retirement: Pre-Retiree Expectations and Retiree Realities
New research from the Transamerica Center for Retirement Research, titled Life in Retirement: Pre-Retiree Expectations and Retiree Realities, describes the retirement aspirations and insecurities of retirees and age … more Life in Retirement: Pre-Retiree Expectations and Retiree Realities
Vanguard Introduces Retirement Outlook Report
Vanguard published its first-ever Retirement Outlook Report to measure retirement readiness across different age groups and income brackets. The report also discusses how liquidating and spending home equity … more Vanguard Introduces Retirement Outlook Report
Ginnie Mae Updates HMBS Pooling Eligibility Requirements
To help alleviate the ongoing liquidity pressures felt by HMBS issuers, Ginnie Mae last week updated its pooling requirements to allow for multiple participations related to a particular … more Ginnie Mae Updates HMBS Pooling Eligibility Requirements
Goldman Sachs: Retirement Sentiment Improving Despite Challenges
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
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
[Page 20 of 34 ]