Fidelity data shows record retirement savings, rising Roth adoption
Combined employer and employee contributions for 401(k) savers hit 14.4%, approaching Fidelity’s suggested 15% target.
Home Equity
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Pennsylvania lawmakers set to vote on home equity investment regulations
House Bill 2120 would place shared appreciation agreements under the same statutory safeguards as other home-secured financial products.
Home equity cap tied to Medicaid eligibility is set to change
New Medicaid rule will cap home equity at $1 million for long-term care eligibility beginning in 2028, potentially affecting senior homeowners.
As HEI regulations expand, states debate loan classification
State HEI legislation is expanding as Maine sets standards, Illinois updates licensing and other states debate whether HEIs are loans.
As retirement costs surge, more homeowners turn to their equity
65-and-older households now spend about $122,000 annually, compared with roughly $60,000 in 2000, according to survey data.
Retirees counting on home equity may face financial shortfalls
Financial advisers and housing experts warn that many older homeowners may be counting too heavily on their homes as retirement safety nets.
Reverse Mastermind Summit kicks off with practical advice, choice words
Reverse mortgage professionals converged in Knoxville, Tennessee, this week for the inaugural Reverse Mastermind Summit — a three-day event designed to bolster the sales skills of industry newcomers by immersing them in knowledge from industry veterans.
Smart home technology continues to emerge as key tool for aging in place
Experts say that financing these upgrades remains a central challenge — one that could increasingly be addressed through housing wealth.
Home equity emerges as a generational growth strategy for originators
Deephaven’s Tom Davis explains why home equity lending is a generational opportunity and how originators can drive borrower retention and growth.
Unison faces more legal trouble over allegedly deceptive home equity agreements
Plaintiffs say the company markets the product as involving no debt, but the terms of the HEI can force a large balloon-style payoff.