Older adults prefer to age at home or in their community rather than assisted-living facilities or other institutional settings, but experts say that could be difficult or impossible … more More States Adopting Master Plans for Aging
Industry News & Reference
HMBS January 2023 Part II: Issuer 42 to the Rescue (Part II)
HMBS payoffs fell again in January, as the refinancing retreat continues. January payoffs totaled about $756 million, the lowest payoff amount in nearly 6 years and the lowest … more HMBS January 2023 Part II: Issuer 42 to the Rescue (Part II)
Congress 101
To learn more about the legislative process and how a bill becomes law, please download the slide presentation, Congress 101: Understanding the Legislative Process. From this presentation, you’ll learn … more Congress 101
House Financial Services Committee Publishes Agenda For Next Two Years
The House Financial Services Committee, chaired by Representative Patrick McHenry (R-NC), published an Authorization and Oversight Plan this week that provides a sneak peek into the areas that … more House Financial Services Committee Publishes Agenda For Next Two Years
Key Findings From U.S. News and World Report Retirement Survey
A survey of 2,000 adults conducted by U.S. News and World Report asked participants how their retirement-saving plans have been adjusted, how these plans look going forward, and … more Key Findings From U.S. News and World Report Retirement Survey
HMBS January 2023: New Year’s Dissolution
HECM Mortgage-Backed Securities (“HMBS”) issuance collapsed in January to $523 million, falling for the ninth straight month. This monthly total is the lowest in nearly 3 years and … more HMBS January 2023: New Year’s Dissolution
Congressional Committee Rosters
The following committees have jurisdiction over reverse mortgages and the Home Equity Conversion Mortgage (HECM) program. U.S Senate Committee on Banking, Housing, and Urban Affairs Sen. Sherrod Brown … more Congressional Committee Rosters
Study: 67 Percent of Americans Prioritizing Present Needs Over Retirement
Two in three Americans (67 percent) say they are more concerned about paying bills right now than saving for their financial future, according to the 2022 Q4 Quarterly … more Study: 67 Percent of Americans Prioritizing Present Needs Over Retirement
Urban Institute Offers Solutions For Improving HECM Program
The Urban Institute published an op-ed this week that proposes policy changes to the Home Equity Conversion Mortgage program to guarantee its long-term financial stability and to avoid … more Urban Institute Offers Solutions For Improving HECM Program
Protecting Your Clients From Wire Fraud
Email hacking and wire fraud, with the intent to misdirect wired funds, is a growing concern. With the help of our servicer and title company members, NRMLA has … more Protecting Your Clients From Wire Fraud
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