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Longbridge hires Azita Guzzo to head up tech innovation efforts

July 29, 2025 by bp56691
Guzzo will fill a newly created role at Longbridge. She’s being tasked with the development of advanced technology solutions for enhanced customer service and improved operational efficiency.
Categories Artificial Intelligence, HWmember, Longbridge Financial, People Movers, Reverse, Team Leaders, Technology

Long-term health care costs are exploding. A reverse mortgage could help

July 28, 2025 by bp56691
As the U.S. population ages, many families are facing long-term care (LTC) issues. Most families either pay for it out of their savings or spend down these savings until they qualify for Medicaid.
Categories Healthcare, HWmember, Long-term care, Reverse

Most Americans retire without a savings withdrawal plan

July 22, 2025 by bp56691
Retirement tech firm IRALogix says about half of American retirees don’t take a systematic approach to withdrawing their retirement assets.
Categories HWmember, Inflation, Retirement, Reverse, Social Security

Longbridge COO Bill Packer on how technology is influencing workflows

July 15, 2025 by bp56691
Bill Packer, COO at Longbridge Financial, talks about the ways his company is using AI to serve reverse mortgage borrowers.
Categories Artificial Intelligence, HWmember, Longbridge Financial, Reverse, Technology, Underwriting

The bank of mom and dad can strain retirement

July 14, 2025 by bp56691
The failure-to-launch trend among Gen Z has strained their parents’ finances, with real consequences for their retirement plans.
Categories baby boomer, gen x, Gen Z, HWmember, Millennials, Mortgage, Retirement, Reverse

In Northern Virginia, senior housing has a supply-and-demand ‘disconnect’

July 11, 2025 by bp56691
Fairfax County, which borders the District of Columbia and is home to about 1.1 million residents, is experiencing a “disconnect” between its affordable housing supply and the number of seniors living on a fixed income.
Categories Affordable Housing, Aging in Place, HUD, HWmember, Rental Assistance, Retirement, Reverse, Virginia

What’s the best strategy for seniors to take required minimum distributions?

July 8, 2025 by bp56691
Derek Horstmeyer, a finance professor at George Mason University, gamed out three different but common strategies on RMDs in a column published by The Wall Street Journal.
Categories HWmember, Internal Revenue Service, Retirement, Reverse, Tax

Layoffs are blurring the retirement lines for seniors

July 7, 2025 by bp56691
For older people who wish to stay in the workforce, a layoff or buyout can radically change their financial picture.
Categories HWmember, Mortgage, Retirement, Reverse

Reverse mortgage metrics dipped slightly in June

July 2, 2025 by bp56691
The high mortgage rates that have stymied the broader housing market continue to put a lid on reverse mortgage activity too.
Categories HECM, HMBS, HWmember, New View Advisors, Reverse, Reverse Mortgage Insight

What’s in Trump’s ‘Big Beautiful Bill’ for seniors?

July 1, 2025 by bp56691
The 1,116-page Senate bill contains some key changes for older Americans, including a bonus tax deduction. But it also cuts Medicaid.
Categories Congress, House of Representatives, HWmember, Legislation, Low-Income Housing Tax Credit, Reverse, Senate, Tax, Trump Administration
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  • Longbridge hires Azita Guzzo to head up tech innovation efforts

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