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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

Record-high home equity provides opportunity for the reverse mortgage industry

June 24, 2025 by bp56691
Record-high home equity provides opportunity for the reverse mortgage industry
Record-high home equity is good news for seniors looking to remodel their homes, particularly those considering a reverse mortgage.
Categories Harvard University, HECM, Home Equity, HWmember, Joint Center for Housing Studies, Reverse

A financial planner shares her journey to understanding reverse mortgages

June 18, 2025 by bp56691
A financial planner shares her journey to understanding reverse mortgages
While only a fraction of her clients use them, Rachel Gustafson says that reverse mortgages are a useful tool for those with specific needs.
Categories HECM, HWmember, Reverse

Global equity release market projected to top $56B by 2035

June 18, 2025 by bp56691
Global equity release — including reverse mortgages — could be in for pronounced growth over the next 10 years, according to a new report.
Categories Europe, European Pensions and Property Asset Release Group, HECM, Home Equity, HWmember, NRMLA, Reverse

Longbridge’s Bill Packer on crafting AI that’s inclusive of seniors

June 17, 2025 by bp56691
Longbridge’s Bill Packer on crafting AI that’s inclusive of seniors
Longbridge COO Bill Packer talks about inclusive AI use for older users and customers as the company develops its tools.
Categories Artificial Intelligence, HWmember, Longbridge Financial, Reverse, Team Leaders, Technology

NAHB encourages ‘practical’ renovations for aging in place

June 17, 2025 by bp56691
Aging-in-place renovations are popular, and NAHB offered some advice for “practical” applications on new projects.
Categories Aging in Place, Homebuilders, HWmember, NAHB, Reverse
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