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New School economist calls for a ‘Gray New Deal’ for retirees

Housing Wire

Retirement in America is still centered on work, which differs from other well-developed nations in the Western world, Ghilarducci said. Part of this idea was also explored recently by journalist and management consultant Mark Peabody, who authored a book on the topic of “unretirement.” We need comprehensive retirement reform.”

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7 Best Books for Rental Property Managers [in 2022]

The Robert Weiler Company

One of the most effective ways to expand your knowledge and learn new strategies is to read books authored by experts in your field. But it’s important that you select books that are newly published; this is especially critical when you’re relying on the books for legal or tax-related information or forms.

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2021 MMI Report: Reverse mortgage portfolio hits positive territory for first time since 2015

Housing Wire

The reverse mortgage portion of the Federal Housing Administration’s Mutual Mortgage Insurance Fund (MMIF) has reached a positive capital ratio on the overall government-backed portfolio, according to an annual actuarial review of the fund’s finances and FHA’s Annual Report to Congress, both released Monday morning.

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How to vet private money lenders for real estate investing

Housing Wire

A private money lender who is excellent at his work can typically be found by asking fellow investors and others in a real estate investor’s network, such as: Brokers of insurance and appraisers of real estate Contractors, suppliers, and handymen are all available. Put together a deal pitch book. Escrow officers and title agents.

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14 powerful tips to master networking as an introvert in real estate

Housing Wire

Buddy up with a mortgage lender, insurance rep, or real estate attorney and work the room together. She developed training materials, classes, and coaching programs for her fellow introverts. Use the buddy system. When you’re attending a new networking group and don’t know anyone, attend with a friend.

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Review of MMI Fund’s reverse mortgage book sheds light on evolving HECM

Housing Wire

The cash-flow net present value (NPV) of the HECM book also increased year over year, from $3.646 billion in 2022 to $6.742 billion in 2023. Change in cash flow While there was no single factor that led the HECM book’s value to a higher level last year, the reviewers pointed instead to multiple elements that dictated the results.

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CRT protects GSEs, taxpayers from unexpected disasters

Housing Wire

After reading the recent report from the Federal Housing Finance Agency on the performance of Fannie Mae and Freddie Mac’ s credit risk transfer programs, anyone unfamiliar with the purposes of CRT might understandably conclude that the GSEs vastly overpaid capital market investors and insurance providers to transfer credit risk off their books.

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