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News
Medicare Part D support cut amid rising retiree costs
3+ hour, 4+ min ago (490+ words) CMS will end the Medicare Part D Premium Stabilization Demonstration after 2026, returning standalone drug plans to traditional market conditions in 2027. The national average monthly bid is set at $296.05, with the base premium at $41.33. Inflation Reduction Act protections cap annual premium…...
Reverse mortgages emerge as a tool in 'gray divorce' settlements
3+ week, 1+ day ago (579+ words) Gray divorces can strain fixed retirement income and split assets into two households. A reverse mortgage may fund an equity buyout or support a HECM for Purchase for the departing spouse. AI Summary As more Americans end marriages later in…...
California November ballot: a billionaire tax and new local tax limits
4+ week, 1+ day ago (903+ words) California voters will decide a constitutional change requiring two-thirds approval for future local special taxes and a 5% one-time tax on billionaire net worth. The measures could affect housing funding and investor behavior. AI Summary California has long been synonymous with…...
Policy turmoil, fiscal uncertainty cause retirement hesitation
4+ mon, 1+ hour ago (400+ words) A survey from the Center for Retirement Research at Boston College finds policy uncertainty is pushing near-retirees to delay retirement (21%), shift to conservative investments (33%) and boost emergency savings (28%). AI Summary Policy uncertainty is pushing older Americans to delay retirement, shift…...
Skyrocketing health care costs threaten early retirement
6+ mon, 2+ week ago (513+ words) Rising health care costs threaten early retirement for Americans 50 to 64. With enhanced ACA subsidies expired, premiums may double or triple, reaching $16,500 for some. Congress may extend relief, but uncertainty persists. Many haven’t planned for these expenses, making careful financial preparation…...
Argyle integrates with Vesta LOS for mortgage verifications
4+ mon, 5+ hour ago (456+ words) Argyle has integrated its direct-source, consumer-permissioned income, employment and asset verification platform into Vesta’s AI-native loan origination system. Lenders using Vesta can now order, view and refresh Argyle reports from within the LOS, reducing manual processes and system switching. AI…...
Credit Karma launches AI mortgage refinancing powered by Better
4+ mon, 2+ week ago (426+ words) Better Home and Finance is powering Credit Karma Home Loans, an AI-driven refinance platform. The tool offers preapproval in as few as five clicks and refinance completion in as little as 10 days, using Better's Tinman AI and the Betsy voice…...
Floify launches Dynamic Apps 2.0 to support HELOC, specialty lending
4+ mon, 2+ week ago (448+ words) Floify has launched Dynamic Apps 2.0, a configurable enhancement to its mortgage point-of-sale platform that enables lenders to build custom digital applications by loan type and borrower scenario. The update supports HELOCs, construction, agricultural, non-QM and other specialty products within a…...
Milliman finds 65-year-olds need $135K for long-term care
4+ mon, 3+ week ago (648+ words) A Milliman report says the average 65-year-old should save $135,000 for long-term care, with women facing higher costs due to longer lifespans. Needs vary widely by health, gender and location. Researchers suggest the need for a national long-term care insurance program,…...
Better launches ChatGPT-based mortgage credit decision engine
4+ mon, 3+ week ago (672+ words) Better launched a Tinman AI credit decision engine app for ChatGPT Enterprise using an MCP connector. The company says lenders can connect guidelines, pricing and CRM data to receive decision-ready underwriting in minutes. AI Summary Better.com has launched a…...