Nest Egg Protection Act would raise capital gains tax exclusion for senior home sellers
Rep. Nicole Malliotakis proposes the Nest Egg Protection Act to raise the capital gains exclusion to $1M for longtime senior homeowners.
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Social Security, Medicare solvency could be examined by bipartisan commission
Rather than advancing immediate policy changes, the panel would study financial outlooks and submit recommendations for lawmakers to consider.
Mutual of Omaha remains No. 1 as HECM endorsements fall 4.7% in May
May HECM endorsements fell to 1,967, down 4.7% from April. Mutual of Omaha Mortgage led with 423 and a 21.5% market share.
Fidelity data shows record retirement savings, rising Roth adoption
Combined employer and employee contributions for 401(k) savers hit 14.4%, approaching Fidelity’s suggested 15% target.
Pennsylvania lawmakers set to vote on home equity investment regulations
House Bill 2120 would place shared appreciation agreements under the same statutory safeguards as other home-secured financial products.
Home equity cap tied to Medicaid eligibility is set to change
New Medicaid rule will cap home equity at $1 million for long-term care eligibility beginning in 2028, potentially affecting senior homeowners.
Smartfi offers 50-bps reverse mortgage discount for veterans
Smartfi Home Loans introduced Choice Service, a 50-bps rate reduction on its proprietary reverse mortgage for eligible veterans.
Atlas VMS’s Erik Morin on HECM second appraisals, AIM-Port acquisition
Atlas VMS says 8.3% of HECM loans needed a second appraisal in Q1 2026 versus 10.4% in Q4 2025, adding cost and time.
As HEI regulations expand, states debate loan classification
State HEI legislation is expanding as Maine sets standards, Illinois updates licensing and other states debate whether HEIs are loans.
As retirement costs surge, more homeowners turn to their equity
65-and-older households now spend about $122,000 annually, compared with roughly $60,000 in 2000, according to survey data.