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How originators can capitalize on reverse mortgage business in light of the changing housing market

Housing Wire

By 2050, 20% of Americans will be 65 or older. Increasingly, financial professionals are viewing reverse mortgages as strategic tools to be used as part of a comprehensive retirement plan. Ten thousand baby boomers reach retirement age every day , and that number is expected to double over the next several decades.

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Rural America is losing affordable housing at a crisis pace

Housing Wire

In fact, if nothing is done, this USDA program — called Section 515 — is projected to lose up to 137,000 affordable-housing units between 2023 to 2033 nationwide due to mortgage maturities alone, according to USDA projections , “with a potential to lose approximately 333,000 units by the year 2050.”

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How Big Data Can Support Your Harvest Season

GoForrmz

While often thought of as intuitive or generational knowledge passed down through generations, ag science has grown into a vast field of study implementing the latest developments in science and technology. billion in 2050, and 11.2 billion by 2050 , but we only have depleting resources available to feed everyone. . ”

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[National Safety Month] Improve Workplace Safety with Technology

GoForrmz

It was staggering numbers like these that led the National Safety Council (NSC) to develop its “Work to Zero” program. The goal of this program is to support infrastructure, business decisions, and technologies to work to zero workplace deaths by 2050.