Higher home-care spending by states linked to greater aging-in-place outcomes
Researchers examined state investments in home- and community-based services (HCBS) and associated changes in where older adults lived.
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CFPB seeks input on mortgage disclosures and TRID rules
CFPB issued an RFI on TRID, refinance rescission and reverse mortgage disclosures, asking if current rules raise costs and limit access.
FOA completes deal for Onity reverse mortgage assets, adding $5.2B in UPB
FOA will also acquire Onity’s pipeline of reverse mortgage loans, and Onity will exit the reverse mortgage originations business.
Caregiver survey shows widespread burnout, with Gen Z hit hardest
Half of Gen Z caregivers said caregiving has damaged personal relationships, exceeding rates reported by millennials (41%) and Gen X (38%).
Senators push bipartisan plan to ‘save Social Security’
Proposals come as policymakers and financial professionals warn of looming funding shortfalls and confusion about how the program works.
AARP awards $8.3M in senior-focused housing and community improvement grants
The funds come at a time when the U.S. population is aging rapidly and seniors are overwhelmingly expressing a desire to age in place in their current homes.
Aging in place is reshaping housing demand — and most homes aren’t ready
An expert expains why aging in place is shifting from preference to financial necessity — and what housing professionals need to know.
Retirement plan participation reaches record high, but financial pressures persist
Nearly two-thirds of retirement plans now automatically enroll new participants at contribution rates of at least 4%.
MBA launches forum for reverse mortgages, senior lending
The Mortgage Bankers Association (MBA) on Tuesday announced the launch of a new member forum dedicated to reverse mortgages and other senior-focused mortgage products.
Many older Americans stuck in homes that no longer fit
Housing professionals say that many older Americans are staying put because moving no longer makes financial sense.