HUD takes a closer look at senior finances, housing affordability pain points
A new report from HUD’s Office of Policy Development and Research takes a closer look at older Americans’ housing affordability challenges.
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Is there a housing inventory ‘silver tsunami?’ Not where it’s needed
Zillow data suggests that places where senior-owned inventory is reentering the market will not adequately address the U.S. housing shortage.
Reverse pro turned customer shares insights gained from the other side of the table
Tim Nelson of VIP Mortgage goes into specific aspects of making the transition and the potential use cases for the loan as part of his retirement plan.
HECM line of credit option continues to dominate with 93% share
The HECM line of credit is the most-used payment option for most of the past decade, a trend that continued in FY 2024.
Johns Hopkins: Long-term care must be expanded to support aging in place
A recent study authored by researchers at Johns Hopkins University’s Bloomberg School of Public Health suggests that the integration of health, social services and community-based support systems must be improved to better accommodate the desires of older Americans to age in place in their homes.
Reverse mortgage pros sound off on 2025 HECM limit
Reverse mortgage professionals at multiple companies shared their thoughts on what the higher HECM limit for 2025 will mean for business.
Reverse mortgage metrics show little movement in November
While there has been something of a “yo-yo” of gains and losses in the reverse mortgage industry’s performance metrics for the past several months, some mixed signals on the horizon — such as higher interest rates that could depress origination volumes along with the potential implementation of HMBS 2.0 — leave 2024 winding down in an active way for the business.
AARP highlights needs for aging in place, walkable communities
The advocacy group’s has current lobbying priorities include a focus on making it easier for retirees across various states to age in place.
Jesse Allen sets his sights on pushing Rate’s reverse division to the next level
Rate’s new reverse mortgage leader sits down to discuss the momentum for the division and what it can do to leverage undiscovered demand.
As boomers retire with record housing wealth, finding accessible housing is a challenge
Despite being the beneficiaries of historic increases in home-price appreciation during and after the COVID-19 pandemic, older baby boomers — many of whom are approaching the age of 80 in 2025 — are now finding themselves challenged by a dearth of housing inventory that can best accommodate living in later life. This is according to […]