Another year has come and gone, and while it seems that 365 days couldn’t have flown by any quicker, RMD would like to thank all of our readers and advertisers for your continued support this year and in the years to come.
As we celebrate the new year, we will be out of office on Wednesday, January 1, 2014, but will return to our normal posting schedule on Thursday, January 2.
CFPB hammers American Express with $60 million fine. The well-known credit card company is the latest to get nailed in a series of year-end enforcement actions tallying billions of dollars.
New study highlights reverse mortgage benefits when financial planning. The study, included in the Journal of Financial Planning, touts the merits of using a reverse mortgage to supplement financial advisor clients’ portfolios.
HUD delays the HECM financial assessment. The previously-announced implementation for the HECM financial assessment, originally meant to take effect in mid-January, has been indefinitely delayed.
NCOA urges Congress to address the impending long-term care crisis. The National Council on Aging applauded a special Senate committee hearing that discussed possible long-term care solutions.
Kim Kardashian, Kanye West deemed biggest celebrity drag on real estate values. The duo have been voted the worst neighbors—aka the most likely to devalue their neighbors’ properties, according to a Zillow survey.
The Reverse Mortgage Daily team would like to wish a safe and happy new year to all our readers.
Written by Alyssa Gerace
