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Researchers sound the alarm over finances of ‘forgotten middle’ older adults

Housing Wire

Middle-income Americans who are 75 and older are at serious risk of a retirement crisis, according to a new research brief from the National Opinion Research Center (NORC) at the University of Chicago. 33 percent of Black and Hispanic older adults’ asset portfolios comprise transportation items like a personal vehicle,” the brief said.

Finance 384
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New School economist calls for a ‘Gray New Deal’ for retirees

Housing Wire

at a policy conference for the National Institute on Retirement Security , Ghilarducci laid out her proposal and a series of what she characterized as “mistruths” about retirement, according to reporting at ThinkAdvisor. “In Roosevelt implemented during the Great Depression. Speaking in Washington, D.C.,

Insurance 354
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PennyMac: Fueling Our Frontline Heroes

Housing Wire

The real heroes include every one of the people who are “essential” to making the health care machine work — Yes, the doctors and nurses, but also the home health care, orderlies, phlebotomists, police officers, mental health workers, physician assistants, the people who clean up, drivers, clerical workers. Surprising the staff.

Business 369
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Affordable housing groups look to Biden to fulfill campaign promises

Housing Wire

Though housing didn’t take center stage during the 2020 election season, those who work in affordable housing were keeping a close eye on the race, and are now looking expectantly at President-elect Joe Biden’s $640 billion housing plan originally proposed in February. 31 – has shortcomings that leave many renters unprotected. “On

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CEO of UWM hit with emergency order after more than 50 workers get COVID-19

Housing Wire

The Oakland County Health Division in Michigan sent an emergency order to Mat Ishbia, CEO of United Wholesale Mortgage and United Shore Financial Services , saying employees weren’t wearing masks at work, contributing to the spread of the coronavirus. Develop and implement a daily screening process and stay-home-when-sick policy.

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Private-label MBS market facing strong headwinds

Housing Wire

The pace of mortgage-backed securities (MBS) issuance in the nonagency market slowed considerably in July and August as rising interest rates and Federal Reserve MBS-purchase policy have combined to dampen the momentum exhibited in the private-label space in 2021 and over the first half of this year.

Marketing 378
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Green housing expert Bob Simpson to speak at HousingWire Annual Oct. 8

Housing Wire

energy consumption used in the residential and commercial sector, the housing industry is front and center in creating solutions to this problem. Rose, president of Jonathan Rose Companies and Arthur Johnson, vice president of securitization policy at Fannie Mae, on a panel titled: Will 2021 Be the Year Green Housing Takes Off?

Finance 196