In a hearing, an economic policy expert with the Bipartisan Policy Center told U.S. Senators that reverse mortgages could be a “potentially useful tool” for retirees looking to convert illiquid housing wealth into cash.
Bipartisan Policy Center
A letter submitted to the White House by the Bipartisan Policy Center (BPC) and signed by a coalition of 31 companies has urged the Biden administration to take greater action to bolster retirement security in America.
In part 2 of RMD’s interview with Shai Akabas, director of economic policy at the Bipartisan Policy Center (BPC), seniors’ collective unwillingness to take on additional debt is explored, as are policy differences on retirement issues between the current and previous presidential administrations.
RMD sat down with Shai Akabas, director of economic policy at the Bipartisan Policy Center (BPC), to discuss some of his perspectives on the retirement landscape, and how he feels home equity and reverse mortgages may fit into the equation for older Americans.
The primary mission of the Consumer Financial Protection Bureau (CFPB) under its new director, Kathleen L. Kraninger, will be in focusing on preventing harm to consumers by empowering them, educating them, ensuring clear rules by which financial institutions should operate, and ensuring a culture of compliance through supervision. This was the vision laid out by […]
Subscribe
Receive industry updates and breaking news from RMD