Reverse

Poll finds broad support for independent Social Security commission

A recent Cato Institute survey of 2,000 adults found strong bipartisan support for creating an independent, nonpartisan commission with authority to address Social Security’s long-term funding shortfall. Seventy-one percent of respondents said they favor Congress establishing such a body, reflecting broad frustration with lawmakers and growing openness to an alternative decision-making process. Support cuts across […]

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J.P. Morgan: Credit card debt a retirement hurdle for many

Nearly half of retirement plan participants carry credit card debt, a factor that increases the likelihood they’ll take a loan from their retirement accounts, according to a new report from J.P. Morgan Asset Management. The “Retirement by the Numbers” study found that high credit card balances are linked to lower contribution rates and smaller account

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Mutual of Omaha issues $243.3M reverse mortgage securitization

Mutual of Omaha Mortgage is marketing a $243.3 million securitization backed by newly originated proprietary reverse mortgages, according to a presale report published Monday by Morningstar DBRS. The transaction is backed by 318 reverse mortgages with about $200.1 million in unpaid principal balance, most of which were originated in 2025 and are secured by first

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New View Advisors floats sweeping changes to HECM, HMBS programs

Ideas for reshaping the federally insured reverse mortgage program and its avenue for secondary market issuance is the hot topic of conversation for industry professionals in late 2025. And New View Advisors added to the discussion last week with a host of comments submitted to the U.S. Department of Housing and Urban Development (HUD) and

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HUD reopens reverse mortgage comment period

The U.S. Department of Housing and Urban Development (HUD) is reopening the public comment period for a review of federal reverse mortgage programs, the agency announced Wednesday in the Federal Register. HUD previously issued a request for information in October, seeking input on the Home Equity Conversion Mortgage (HECM) and HECM Mortgage-Backed Securities (HMBS) programs.

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New York raises senior property tax exemption to 65%

New York Gov. Kathy Hochul has signed legislation to expand property tax exemptions for seniors to up to 65% of their home’s assessed value, raising the ceiling for the first time in decades from the previous 50% cap. “No New York senior should lose their home because they can no longer afford their property taxes,”

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NRMLA speaks out on the future of federal reverse mortgage programs

After federal housing leaders issued a request for information in October about the future of two key reverse mortgage programs, the National Reverse Mortgage Lenders Association (NRMLA) weighed in last week with a detailed list of suggestions. The trade group issued an 11-page letter to the U.S. Department of Housing and Urban Development (HUD) and

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Lender Price integrates FOA’s reverse products into marketplace

California-based Lender Price has added its first reverse mortgage partner to its pricing and product eligibility (PPE) platform through an agreement with Finance of America (FOA). Lender Price Marketplace will provide brokers and lenders with live pricing for FOA’s Home Equity Conversion Mortgage (HECM) and HomeSafe proprietary reverse mortgage products. FOA — the second-largest HECM

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Medicare Part B premiums to rise nearly 10% in 2026

Medicare officials have announced an increase of almost 10% to premiums for 2026, when the monthly cost will exceed $200. The cost refers to the Medicare Part B premium, deductible and coinsurance rates, which are determined according to provisions of the Social Security Act. Part B covers physicians, outpatient hospital care, certain home health services,

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How parents use home equity to help adult children buy homes

Older Americans hold more than $14 trillion in home equity — nearly half the size of the U.S. economy. And while seniors can benefit from tapping their equity through a reverse mortgage product, they can also use the loan proceeds to help family members who might be struggling to afford homeownership. Earlier this week, The

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