Joseph M. Gormley joined Ginnie Mae as its new Executive Vice President and Chief Operating Officer where he will oversee the agency’s mission to support stability in the … more Gormley Assumes Top Leadership Role at GNMA
Industry News & Reference
Baby Boomers Regain Top Spot as Largest Share of Home Buyers
In a shift that underscores changing dynamics in the housing market, baby boomers now make up the largest generational group of home buyers, according to the National Association … more Baby Boomers Regain Top Spot as Largest Share of Home Buyers
Retirement Savings “Magic Number” Drops to $1.26M
The 2025 Planning & Progress Study, an annual research study from Northwestern Mutual, explores U.S. adults’ attitudes and behaviors toward money, financial decision-making, and the broader issues impacting … more Retirement Savings “Magic Number” Drops to $1.26M
HUD Introduces FHA Catalyst Partner Environment
This week, the Federal Housing Administration announced in FHA Info 2025-19 the availability of the Catalyst Partner Environment, a new Application Programming Interface (API) testing platform designed to … more HUD Introduces FHA Catalyst Partner Environment
Debt’s Impact on Older Americans
A new survey of Gen X and Baby Boomer Americans conducted by National Debt Relief reveals how soaring costs and debt burdens are delaying retirement and reshaping financial … more Debt’s Impact on Older Americans
U.S. Workers Tapping Retirement Accounts At Increasing Rates
While 401(k) balances are growing, an increasing number of retirement savers are using their retirement accounts for financial emergencies. A new survey published by the Transamerica Center for … more U.S. Workers Tapping Retirement Accounts At Increasing Rates
FHA Rescinds Anti-Discrimination Appraisal Policies
The Federal Housing Administration rescinded three mortgagee letters that had sought to reduce discrimination in the appraisal process but which the Trump administration argued had created barriers and … more FHA Rescinds Anti-Discrimination Appraisal Policies
Fidelity: Retirement Account Balances Increase Year-Over-Year
Fidelity Investments’ latest Q4 2024 retirement analysis shows that retirement savers experienced a year of growth in 2024. While retirement account balances dipped slightly from Q3 2024, the average 401(k) … more Fidelity: Retirement Account Balances Increase Year-Over-Year
NRMLA Seeks Revision to WA State Legislation
NRMLA submitted a letter to lawmakers requesting a revision to Senate Bill 5686, so that it more closely matches Washington’s reverse mortgage laws. Dig Deeper: SB 5686 would, … more NRMLA Seeks Revision to WA State Legislation
NRMLA Asks HUD to Extend ORCA Initiative to HECM
NRMLA has asked the Department of Housing and Urban Development to consider extending its Optional Reimbursement Claim Alternative (ORCA) to the HECM program. Earlier this year, HUD published … more NRMLA Asks HUD to Extend ORCA Initiative to HECM
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