How SECURE 2.0 could make saving for retirement easier

With much of the U.S. retirement conversation often focused on the increasing challenges of maintaining a quality of living into older age, a law passed by Congress in 2022 could be a positive sign.The Securing a Strong Retirement Act of 2022, known by its moniker “SECURE 2.0,” includes provisions i
Read MoreUS Supreme Court to hear mortgage escrow case in February

The U.S. Supreme Court last week scheduled oral arguments for seven pending cases to take place in February, including one that will decide whether “the National Bank Act preempts the application of state escrow-interest laws to national banks,” according to a publication of the argument schedule an
Read MoreMore homeowners might be ready to sell despite the lock-in effect: Redfin

Despite the still-challenging rate environment, some homeowners might opt to bite the bullet and give up their low rate to move, according to a Redfin study. Nationwide, the share of homeowners with relatively low rates has fallen modestly from a record high of 92.8% in mid-2022. In the third quar
Read MoreRhode Island historian uses a reverse mortgage as an estate planning tool

A proprietary reverse mortgage from Finance of America Companies (FOA) now secures the home of Rhode Island’s honorary historian laureate after the property was returned to the owner after attempts to bequeath it to a nonprofit historical society he founded. This is according to reporting from The P
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