Vanguard released the 23rd edition of its “How America Saves” report, which spotlighted the retirement-saving behaviors of nearly five million Vanguard participants. Go deeper: The report found that … more Highlights From “How America Saves 2024” Report
Reference Section
GNMA Seeks Comments on Proposed HMBS 2.0
Ginnie Mae published a draft term-sheet for its proposed HECM Mortgage-Backed Securities (HMBS) 2.0 program. Comments are due July 31. Why it matters: HMBS 2.0 seeks to address … more GNMA Seeks Comments on Proposed HMBS 2.0
CFPB Takes Action Against Former HUD Contract Sub-Servicer
The Consumer Financial Protection Bureau issued an order to permanently ban Sutherland Global, its subsidiaries Sutherland Government Solutions and Sutherland Mortgage Services, and NOVAD Management Consulting from servicing … more CFPB Takes Action Against Former HUD Contract Sub-Servicer
FHA Seeks Feedback on Updates to Defect Taxonomy
The Federal Housing Administration has proposed to update its Defect Taxonomy guidelines to include fraud or material misrepresentation involving a Third-Party Originator (TPO) as a Tier 1 severity … more FHA Seeks Feedback on Updates to Defect Taxonomy
Senior Debt Levels Increase Threefold Over Past 35 Years
Adults aged 65 to 74 hold an average of $134,950 in debt, while individuals 75 and older hold an average of $94,620 in debt, according to Federal Reserve … more Senior Debt Levels Increase Threefold Over Past 35 Years
Member Spotlight: Michael Pankow, City First Mortgage Services, Inc.
To help our members get to know one another, NRMLA publishes periodic Member Spotlights featuring professionals from across the reverse mortgage ecosystem. Meet Michael Pankow, National Director of … more Member Spotlight: Michael Pankow, City First Mortgage Services, Inc.
Tracking State Legislation
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HHS Delivers Strategic Framework for National Plan on Aging
The U.S. Department of Health and Human Services, through its Administration for Community Living, released a report that lays the groundwork for a coordinated effort to create a … more HHS Delivers Strategic Framework for National Plan on Aging
Recent FDIC Focus on RESPA Sect. 8 Broker-Related Violations
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FHA and GNMA Discuss Priorities and Achievements
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