Items Tagged with 'NRMLA/RISK SPAN Reverse Mortgage Market Index'

ARTICLES

  • Seniors now have a collective $7 trillion in home equity

    Housing wealth among the senior set reaches record levels
    Housing wealth for homeowners 62 and older continues to grow at a steady clip, reaching a record $7.05 trillion in the fourth quarter of 2018. The National Reverse Mortgage Lenders Association revealed that senior housing wealth grew 1.4% in the last quarter thanks to an increase in senior home values.
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  • Stanford: Boomers are entering retirement with less savings, greater mortgage debt

    Could home equity access be the solution?
    Americans are now living longer than ever before, and experts predict that a record number of Baby Boomers will soon enter retirement. But when compared to past generations, the Stanford Center on Longevity has discovered the landscape of homeownership and retirement in America is changing – for the worse.
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  • Senior home equity continues to smash records

    Hits nearly $7 trillion
    Senior housing wealth just keeps climbing. According to the NRMLA/RiskSpan Reverse Mortgage Market Index, aggregate home equity levels for homeowners 62 hit $6.9 trillion in the second quarter of 2018. That’s a $130 billion jump from the previous quarter. But will they utilize these funds in retirement?
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  • RiskSpan adds HECM data to its platform

    Seeks to analyze impact of FHA program changes
    Analytics firm RiskSpan has added reverse mortgage data to its platform, incorporating more than a half a billion records from Ginnie Mae in an effort to form critical analysis of the HECM market. RiskSpan’s founder and CEO Bernadette Kogler said senior home equity growth and recent HECM program changes spurred the company’s decision to delve further into the space.
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