More than two-thirds of seniors say that Social Security benefits are critical to their retirement planning according to a new survey, while a plurality said their biggest financial regret from their younger days was not saving enough. The April survey was conducted by LendEDU, an online student loan refinancing marketplace, which sought the opinions of […]

A pair of new reports on January reverse mortgage endorsements reveal that the bump in volume ahead of the October 2 rule changes continued to pay dividends into the new year. Home Equity Conversion Mortgage originators — including Federal Housing Administration-approved firms and their non-approved counterparts — saw 32.9% endorsement growth in the first month […]

Senior home equity levels continued to climb in the final quarter of 2017, ballooning to $6.6 trillion. Homeowners aged 62 and older saw their home equity rise by $149 billion between the third and fourth quarters of last year, according to the most recent Reverse Mortgage Market Index (RMMI) report. The index, calculated by the […]

Versus other developed nations, the United States is losing ground in terms of the rate of homeownership, new research finds.  Compared to 17 other first-world countries around the globe, the U.S. homeownership rate has fallen over time, an indicator that the American Dream is becoming less attainable, according to research published by the Urban Institute. […]

An ongoing analysis of Americans’ retirement readiness showed a slight improvement in 2016, but the results still reveal that half will find themselves short of their golden-year goals. The National Retirement Risk Index (NRRI) dropped from 52% to 50% between 2013 and 2016, according to the most recent calculation from the Center for Retirement Research […]

Live Well Financial, Ocwen, and American Advisors Group topped the list of “best” Home Equity Conversion Mortgage-backed securities (HMBS) for the fourth quarter of 2017. The new list, from the St. Johns, Fla.-based analysis firm Baseline, tracks the conditional prepayment rate (CPR) — or the speed at which the loan’s principal balance is paid off […]

Just under 20% of seniors who responded to a recent survey were unaware of reverse mortgages — despite showing an overwhelming desire to stay in their homes and potentially make renovations into old age. Among homeowners aged 60 to 70, 44% said they would keep a mortgage through retirement, according to a study on retirement […]