The 2024 Loss of Buying Power study published by The Senior Citizens League found that, on average, payments for retired workers would need to rise by $4,440 per … more Social Security Benefits Lose 20 Percent Of Buying Power Since 2010
Industry News & Reference
HUD Announces Next HECM Note Sale
The Department of Housing and Urban Development published a notice in the Federal Register that announced its intention to sell 2,700 HECM notes secured by vacant properties with … more HUD Announces Next HECM Note Sale
Fidelity Estimates Healthcare Will Cost This Much in Retirement
Fidelity Investments® shared its 23rd annual Retiree Health Care Cost Estimate, revealing that a 65-year-old retiring this year can expect to spend an average of $165,000 in health … more Fidelity Estimates Healthcare Will Cost This Much in Retirement
HECM+QLAC=Retirement Security
Retirement advisor Jerry Golden explained how a HECM Line of Credit, combined with a Qualifying Longevity Annuity Contract (QLAC), can provide income and financial liquidity to make the … more HECM+QLAC=Retirement Security
AARP’s Vision for a National Plan on Aging
In less than a decade, adults ages 65 and older will outnumber individuals under age 18 for the first time. The U.S. trend mirrors what is happening globally, … more AARP’s Vision for a National Plan on Aging
HUD and GNMA Invited Feedback on Two Critical HECM Issues
Working in coordination with the Servicing Committee and HMBS Issuers Committee, NRMLA submitted two sets of comments, one to the Department of Housing and Urban Development and another … more HUD and GNMA Invited Feedback on Two Critical HECM Issues
Best and Worst States to Retire in 2024
Bankrate’s annual Best and Worst States to Retire Study found that Delaware is the best state for retirees in 2024, followed by West Virginia (2), Georgia (3), South … more Best and Worst States to Retire in 2024
What Do I Do When My Loan is Due?
The National Reverse Mortgage Lenders Association created, “What Do I Do When My Loan is Due?,” to walk reverse mortgage loan borrowers and their families through the end … more What Do I Do When My Loan is Due?
HUD Extends Foreclosure Relief to Maui Victims
The Federal Housing Administration extended its foreclosure moratorium for borrowers with FHA-insured mortgages in Maui County, HI, through January 1, 2025. Why it matters: This new extension — … more HUD Extends Foreclosure Relief to Maui Victims
Can MEPs Close the Retirement Savings Gap?
To encourage more small businesses to offer retirement savings options, policymakers approved changes in the SECURE Act of 2019 that made it easier for them to participate in … more Can MEPs Close the Retirement Savings Gap?
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