Older Adults And Mortgage Lending
Older Adults And Mortgage Lending Read More »
An individual’s well-being and long-term financial sustainability is derived from the ability to build and acquire assets, such as savings, homes, cars or businesses. Around 55% of Americans live in asset-poverty which means they lack sufficient wealth to sustain a livelihood above the poverty level for at least 3 months.
A Literature Review of Poverty, Race and Gender Among Older Adults Read More »
With Grandparents Day fast approaching this Sunday, September 13, is a time to honor the role grandparents play, as well as call attention to the adverse effects the current coronavirus pandemic poses to older adults.
Grandparents: A Renewed Role as Parents To Grandchildren Read More »
As the coronavirus continues to cause devastation across the United States, nursing homes have become hotspots for COVID-19 exposure.
Nursing home residents, workers face disproportionately high rates of COVID-19 deaths Read More »
NCRC’s new report, Mortgages and Older Adults After COVID-19, used this new information to highlight trends in homebuying, aging in place and use of home equity.
New HMDA Data Reveals Racial Disparities in Older Adult Lending Read More »
When president John F. Kennedy designated the month of May as the first Older Americans Month in 1963 (originally called Senior Citizens Month), many older adults across the country lived in poverty, which was partly the impetus for the designation. Additionally, the designation sought to bring awareness to the needs and supports for the well-being
Celebrating Older Americans Month During COVID-19 Read More »
It can be even harder to prevent scams right now because people 65 and older aren’t interacting with as many friends, neighbors and senior service providers due to efforts to slow the spread of disease.
Beware of scams related to the coronavirus Read More »
Amid COVID-19, we can see the need for both expert advice and ideas that are specific to a community.
Learning from COVID-19 about Community-led Change Read More »
Those who serve as financial caregivers for older adults or people with disabilities may have unique worries and challenges brought on by COVID-19.
Tips for financial caregivers during the coronavirus pandemic Read More »
As you plan for the potential impact of the coronavirus, there are a number of steps that you can take to help protect yourself or a loved one financially, both in the short and long term.
Protect yourself financially from the impact of the coronavirus Read More »
While it is clear the racial wealth divide grows sharply with age, there is very little understanding of retirement security best practices for low-wealth seniors.
Poor Old People: The Graying of Racial and Gender Wealth Inequality Read More »
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) and Urban Financial of America, LLC (UFA), one of the largest reverse mortgage lenders in the country, announced a collaboration to focus on fair lending to older adults. NCRC will serve in an advisory role to assist UFA with providing Home Equity Conversion Mortgages (HECMs) to
NCRC and Urban Financial of America Announce Reverse Mortgage Fair Lending Collaboration Read More »
Washington, D.C. – Today, the National Community Reinvestment Coalition (NCRC) released a white paper on age-friendly banking titled “Empowering Financial Service Providers to Help: Ways the Bank Secrecy Act Can Play a Stronger Role in Detecting and Preventing the Financial Crimes that Exploit Older Adults.” The white paper presents recommendations for actions that law enforcement and
NCRC Releases White Paper on Older Adult Financial Exploitation Read More »
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) announced five new National Neighbors Silver (NNS) grantees. NNS is NCRC’s multi-year campaign to empower, organize and support economically vulnerable older adults. “The financial challenges facing older adults continue to increase in number and severity,” said NCRC President and CEO John Taylor. “From the impact
NCRC Announces Third Round of National Neighbors Silver Grantees Read More »
National Neighbors Film RFP As the United States suffers from historically high rates of foreclosure and unemployment, older adults across the nation are not only more numerous than past generations, but also more susceptible to financial insecurity. Financial abuse and the economic downturn have left thousands of seniors struggling to make ends meet, unable to
National Neighbors Silver Film RFP Read More »