In June 2024, the CFPB issued an order that permanently bars Pittsford, New York-based Sutherland Global Services and its subsidiaries, Sutherland Government Solutions, Sutherland Mortgage Services and NOVAD, from servicing reverse mortgages.... Read more »
“Retirement is supposed to be relaxing, but it can also be incredibly stressful given that it typically puts people on a fixed income, which may not be enough for them to live... Read more »
Only 14% of Gen Xers have access to a traditional pension, compared with 44% of baby boomers. Many Gen X workers also lacked tools now common in retirement plans — such as... Read more »
The RMMI increased to a reading of 511.99 — up from 502.47 in the prior quarter and the highest level since the index was launched in 2000. The data tracks long-term trends... Read more »
New View Advisors, which released its initial quarterly index at the end of October, estimated that private-label loans started 2025 with a market share of about 30%. Based on volume in December,... Read more »
Home care is one of the nation’s fastest-growing occupations. In 2024, 3.2 million home health and personal care aides were on the job — up from 1.4 million in 2014, according to... Read more »
Middle-income Americans ages 50 to 64 are most at risk, according to KFF data cited in a recent report from Kiplinger. This group is too young for Medicare and could see... Read more »
Musk envisions a future of unprecedented productivity, where advances in artificial intelligence, energy and robotics produce economic “abundance” and even a so-called “universal high income” that might make long-term savings unnecessary, Business... Read more »
Ideas cited by the Brookings Institution from the Progressive Policy Institute, the American Enterprise Institute (AEI) and the Cato Institute all recommend shifting the program away from its current wage-replacement structure toward... Read more »
Yet the experience of aging remains sharply unequal, shaped by gaps in savings, access to workplace plans, and the rising costs of health care and long-term care. Retirement accounts swell as boomers... Read more »