Federal Reserve Archives

Boomer Struggles After Retiring to Care for Ailing Wife

The National Reverse Mortgage Lenders Association Annual Meeting & Expo last week was notable for many reasons- most remarkable was the announcement of a major change in the association’s management and leadership.

Here’s Where Home Equity is Rising & Falling

Barrons reports some advisors are touting a different approach to help retirees meet future cash needs: a reverse mortgage line of credit.

Federal Reserve Home Values housing market Interest Rates

U.S. Senator calls for more oversight of HECM securitization

EPISODE #820

Senator Mike Braun calls for increased oversight of the HECM MBS program

[Housing Wire]

U.S. Senator Mike Braun wrote a letter to Ginnie Mae’s president asking for policy solutions to prevent a collapse of the secondary market HMBS program. [Listen for details]

Other Stories:

- [Reverse Market Insight] Our monthly segment of RMI’s Market Minute.
  
  [Journal Courier] Is downsizing worth it for retirees?

HSomRSan Clev

Federal Reserve healthcare costs Interest Rates

Can’t afford healthcare? A reverse mortgage and these options may help

EPISODE #819

Can you afford health care in retirement? If not here are some options

[Cleveland.com]

Unable to afford healthcare in retirement? Here are some options retirees should consider in addition to a reverse mortgage. [Listen for details]

Other Stories:

- [Redfin] Home listings surge in biggest increase in 3 years: Asking prices drop.
  
  [CNBC] No Rate Cut: The Fed holds rates steady after hot inflation report.

HSomRSan Clev

Federal Reserve healthcare costs Interest Rates

When it’s okay to be in 2nd place

There is no video for this week's podcast. Please listen to the episode below.

EPISODE #813

It’s okay to be in second place

[PR Wire India]

Sometimes it’s okay to be second, as in 2nd Place, in retirement.

Other Stories:

- [Housing Wire] Some reverse originators report a strong start to 2024
  
  [Market Watch] Should my 87 year-old mom owing $425K on a $1M home get a reverse mortgage?

HSom

Fannie Mae Federal Reserve Interest Rates NRMLA

Fannie Mae’s 2024 economic & interest rate outlook

EPISODE #812

Fannie Mae’s 2024 housing and interest rate outlook

[Housing Wire]

A growing majority of economists and housing experts expect interest rates to ease- the question is when and how much. A recent Housing Wire interview with Fannie Mae’s Chief Economist provides more insight.

Other Stories:

- [Gainesville Register] Study shows a quarter of seniors could relocate, boost retirement with home equity
  
  [Housing Wire] NRMLA 2024 annual meeting location announced