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Data Spotlight: Trends in reverse mortgage direct mail advertising

https://www.consumerfinance.gov/data-research/research-reports/data-spotlight-trends-in-reverse-mortgage-direct-mail-advertising/

Reverse mortgage lenders send millions of advertisements to older adult homeowners via mail every year. The CFPB found that the number of such advertisements increased in 2021 and 2022 compared to the previous five years. These advertisements were largely sent to low-and middle-income households, and to southern and western states.

Data Spotlight: Medical debt among older adults before the pandemic

https://www.consumerfinance.gov/data-research/research-reports/data-spotlight-medical-debt-among-older-adults-before-pandemic/

In 2018, 4.5 million adults ages 65 and older had medical debt, and many experienced significant hardships. This data spotlight describes the characteristics of older adults with medical debt, measured as having a past due medical bill, using the most recent data from the FINRA Foundation National Financial Capability Study (NFCS).