In recognition of the cohort’s size and contribution to the state, the Alaska Housing Finance Corporation is aiming to offer tips to older residents to make it easier for them to age in place in their own homes. According to a 2024 report from the Alaska Commission on Aging, the state is home to more […]
Alaska offers tips to support successful aging in place Read More »
One of the nation’s leading reverse mortgage lenders, Finance of America (FOA), posted strong first-quarter 2025 earnings results. The company beat its estimates for funded loan volume, posted a profit and maintains a bullish outlook for the quarter ahead. Drilling down deeper into the marketing and product landscape for the company, FOA President Kristen Sieffert
FOA president talks business progress amid strong Q1 earnings Read More »
While on its face it represents positive momentum for health in the U.S., rising life expectancy also comes with a key financial concern — longevity risk, or the potential for someone to outlive their retirement savings. This is a key challenge that many prospective retirees may not be ready for. This is according to research
Americans are living longer — but they aren’t prepared for retirement impacts Read More »
After lawsuit challenging the government’s authority to extinguish stakes in securitized Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgages (HECMs) was recently decided in favor of Ginnie Mae, the plaintiff in the case has made good on its promise to appeal the decision. Texas Capital Bank (TCB) — which initially filed the lawsuit against Ginnie
Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral Read More »
Despite the overwhelming preferences of older people to age in place in their own homes — a trend that holds true across North America — there remain inequities that limit the access and ability for some older people to fulfill this desire, according to the findings of a recent study. Researchers at McGill University in
Aging in place is not ‘equally accessible’ to all, study finds Read More »
Reverse mortgage professionals encounter a variety of challenges when introducing product specifications to a prospective customer for the first time. These elements may include an explanation of how the loan proceeds work, clarifying the realities of negative amortization, or something as basic as communicating to a family member why their loved one is thinking of
Loan officers detail the challenges of explaining reverse mortgages Read More »
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