Unexpected retirement expenses can strain senior homeowners
Researchers found that unexpected costs are the norm, not the exception. In any given year, 83% of retired households experience at least one unexpected expense.
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Social Security proposals raise stakes for senior homeowners
A wave of recent proposals argue that an ultimate solution lies in fundamentally changing how Social Security works.
Tennessee official floats full property tax reimbursement for seniors
Rob Mitchell, the property assessor for Rutherford County, said the Tennessee Golden Homeowners Tax Relief Program would cover the full amount of property taxes assessed on the primary residences of qualifying residents ages 65 and older.
Aging America reshapes retirement, exposes divides
The experience of aging remains sharply unequal, shaped by gaps in savings, access to workplace plans and the rising cost of health care.
NRMLA backs New Jersey bill clarifying reverse mortgage rules
NRMLA said the current statute does not align with how reverse mortgages are structured or used by older homeowners.
HUD tightens rules for FHA appraiser roster
HUD is tightening the connection between an appraiser’s state license and their ability to perform FHA work.
Judge blocks key Hometap defenses in Massachusetts HEI lawsuit
The state alleges that Hometap’s flagship home equity investment (HEI) product is an “illegal, deceptive, oppressive and unconscionable mortgage that violates the criminal usury statute.”
Texas proposes property tax cuts for homeowners 55+
Texas Lt. Gov. Dan Patrick’s “Operation Double Nickel” proposes lowering the senior property tax benefit age to 55 and expanding exemptions.
Poll finds broad support for independent Social Security commission
Seventy-one percent of respondents said they favor Congress establishing such a body, reflecting broad frustration with lawmakers.
New View Advisors floats sweeping changes to HECM, HMBS programs
New View Advisors urges HUD to cut upfront MIP and simplify HECM products, citing rising private-label share and MMI Fund strength.