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Block Renovation’s Julie Kheyfets on aging-in-place renovations and ADUs

accessory dwelling units, Aging in Place, Home Equity, Housing Policy, HWmember, Remodeling Activity, Reverse, Reverse Mortgage Daily /

As the senior demographic continues to grow and evolve, reverse mortgage professionals may be getting more questions about home renovation projects and how to fund them. Tapping into home equity through a traditional reverse mortgage, a proprietary product or even the vastly underutilized HECM for Purchase program can be a path for seniors to repair […]

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New Jersey proposal could reduce senior property tax relief

Affordability, Aging in Place, Gen X, Mortgage, New Jersey, Property Tax, Reverse, Reverse Mortgage Daily /

New Jersey homeowners could see smaller property tax relief benefits under a budget proposal unveiled Tuesday by Gov. Mikie Sherrill, as the state confronts fiscal pressures and persistently high costs of living. In her first budget address since taking office, Sherrill proposed tightening eligibility and lowering the maximum payout for the state’s Stay NJ program

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Finance of America’s 2025 profit soars 175% behind $2.4B in originations

Earnings, Finance of America, Graham Fleming, Home Equity, HWmember, Mortgage, PHH Mortgage Corp, Reverse /

Finance of America Companies Inc. (FOA) reported $110 million in net income from continuing operations in 2025, a 175% increase from the prior year, as the reverse mortgage and home equity lender benefited from higher funded loan volume and improved operating leverage. The company posted basic earnings per share of $5.04 for the year, while

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Longbridge, Mutual of Omaha move to dismiss reverse mortgage marketing lawsuit

HWmember, Lawsuit, Legal, Longbridge Financial, Marketing, Mortgage, Mutual of Omaha, Mutual of Omaha Mortgage, Real Estate Settlement Procedures Act, Reverse, Reverse Mortgage Daily /

Two of the nation’s largest reverse mortgage lenders, Longbridge Financial and Mutual of Omaha Mortgage, have asked a federal judge to dismiss a lawsuit over alleged improper advertising practices, ending a dispute that began in September 2024. According to a joint filing on Tuesday in the U.S. District Court for the Southern District of California,

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Retirement savers hold steady in 2025 as automatic enrollment drives positive trends

HWmember, Retirement, Reverse, Vanguard /

Retirement plan participants remained focused on long-term goals throughout 2025, with automatic enrollment features and professionally managed allocations improving savings outcomes, according to Vanguard‘s annual How America Saves report. The 25th edition of the annual analysis — scheduled for full release in June — shows that average participant account balances increased by 13% from the

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Seniors want to age in place, but family caregivers face strains on multiple fronts

Aging in Place, Baby Boomer, Healthcare, HWmember, Retirement, Reverse, Reverse Mortgage Daily /

As America’s population continues to grow older, family members are increasingly stepping into demanding roles as caregivers — which often comes at considerable personal cost. A Pew Research Center survey of 8,750 U.S. adults found that one in 10 reports serving as a caregiver for a parent 65 or older. Another 3 % care for a

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Trump 401(k) plan, if expanded, could advance universal retirement

Donald Trump, HWmember, Politics, Retirement, Reverse, Trump administration /

A recent op-ed argues that President Donald Trump’s proposal to expand access to 401(k)-style retirement plans could become a meaningful step toward a universal savings system — but only if it goes further than currently outlined. Karl Polzer, founder of the Center on Capital and Social Equity, wrote that roughly half of American workers lack

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New Jersey reverse mortgage counseling bill would have ‘chilling effect’ on senior home equity use, NRMLA says

Counseling, HECM, HWmember, Legislation, New Jersey, NRMLA, Reverse, Reverse Mortgage Daily /

The National Reverse Mortgage Lenders Association (NRMLA) this week sent a letter to a New Jersey lawmaker, stating its opposition to a legislative proposal tied to reverse mortgage counseling requirements in the Garden State. The letter is addressed to state Sen. Shirley Turner (D), the sponsor of New Jersey Senate Bill 264, which creates “pre-loan

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HUD reverse mortgage changes remain unclear

FHA, Ginnie Mae, HECM, HMBS, HUD, HWmember, Mortgage, Regulatory Compliance, Reverse, Reverse Mortgage Daily /

Nearly two months after three federal housing agencies wrapped up an extended public comment period about the future of two federal reverse mortgage programs, industry stakeholders are waiting to learn what they’ll do next. In October, the U.S. Department of Housing and Urban Development (HUD), the Federal Housing Administration (FHA) and Ginnie Mae announced a

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Dan Hultquist on reverse mortgage policy reform and more

HECM, HUD, HWmember, Movement Mortgage, Reverse, Reverse Mortgage Daily, Technology /

Editor’s note: Welcome to the first installment of the Monday Morning Q&A from HousingWire’s Reverse Mortgage Daily (RMD). Each Monday morning, the RMD newsletter will feature an in-depth interview with a reverse mortgage industry figure on a wide range of topics including loan origination and servicing, product development and technology. Dan Hultquist has no shortage

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