Sightings
A New Reverse Mortgage Product and NCOA's Use Your Home to Stay at Home Booklet:
With a new FHA Home Equity Conversion Mortgage Program (known as HECM), one of the biggest upfront fees that borrowers are expected to pay will be almost eliminated. But The New York Times article, Changes on Reverse Mortgages Will Alter Fee Structure, warns that the "ongoing monthly insurance premiums will rise drastically". more »
Where Does the US Rank in Gender Equality; Think Nordic
The United States (19th on the list) closed its gender gap, rising 12 places to enter the top 20 for the first time in the report’s five-year history. The climb reflects the higher number of women in leading roles in the current administration and improvements in the wage gap. more »
I Do! Chicago Ties the Knot
The Chicago History Museum’s expansive costume collection of nearly one thousand wedding gowns, suits, and accessories dating back to the 1720s allowed for the exhibition to unveil a unique view on wedding traditions. more »
Working in Retirement: A 21st Century Phenomenon
Already today, one in five workers aged 50 and older has fully retired from his or her former career job but currently is working for pay in a new role, which we define as a "retirement job." And this will soon become the "new normal" — fully 75% of workers aged 50 and older expect to have retirement jobs in the future more »
