ProfNet Experts Available on Reverse Mortgages, Oilfield Industry, More
Also in This Edition: Jobs for Writers, Media Industry Blog Posts
Also in This Edition: Jobs for Writers, Media Industry Blog Posts
NEW YORK, Nov. 16, 2015 /PRNewswire/ -- Below are experts from the ProfNet network that are available to discuss timely issues in your coverage area.
You can also submit a query to the hundreds of thousands of experts in our network – it's easy and free! Just fill out the query form to get started: http://prn.to/alertswire.
EXPERT ALERTS
MEDIA JOBS
OTHER NEWS & RESOURCES
EXPERT ALERTS:
Trends in the Reverse Mortgage Industry
Peter Bell
President and CEO
National Reverse Mortgage Lenders Association
"The Reverse Mortgage Market Index (RMMI), a quarterly measure that analyzes trends in the home values, home equity, and mortgage debt of homeowners 62 and older, reached an all-time high of 195.29 in the second quarter of 2015, surpassing the prior record of 192.03 set in Q4 2006.The strong gains in housing wealth among America's seniors are an encouraging economic indicator for the millions of boomers who weathered the recession on the cusp of their retirement years. The home equity they've worked so hard to build up can serve as a valuable financial management tool for years to come."
Bell is available to discuss trends in the reverse mortgage industry. NRMLA is holding its annual meeting Nov. 15-18 in San Francisco (see https://www.nrmlaonline.org/event/annual-meeting-expo for details).
ProfNet Profile: http://www.profnetconnect.com/peterbell
Websites: www.reversemortgage.org and www.nrmlaonline.org
Contact: Jenny Werwa, [email protected]
Oilfield Budget Cuts Take Deadly Toll
Frank Branson
Attorney
The Law Offices of Frank L. Branson in Dallas
On-the-job fatalities for oil and gas workers increased 27 percent last year, with Texas accounting for half of all oilfield fatalities in the U.S., according to a recent federal study. The increase underscores the dangerous nature of oilfield work, where workers die in preventable incidents involving explosions, electrocutions, falls, burns, defective equipment, and negligent operations. Says Branson: "It would appear that the recent decline in the price of oil and natural gas has caused energy companies to make drastic cuts in operating costs. And in our experience, these companies attempt to cut corners by eliminating costly safety programs and personnel first. I fear that energy companies watching their bottom line will view reducing safety as a cost of doing business in the current marketplace, and that could make energy sector jobs even more dangerous now and in the future."
Contact: Robert Tharp, [email protected]
EEOC's DNA Proposal Raises Concerns
Caleena Svatek
Attorney
Chamblee, Ryan, Kershaw & Anderson in Dallas
Under a newly proposed Equal Employment Opportunity Commission rule, companies with voluntary wellness programs could offer participating employees a savings of up to 30 percent off the cost of their group health plans. But that incentive would be tied to allowing the insurer access to certain health information, including some genetic details, about employees and their spouses. Says Svatek: "This rule could open a Pandora's box of potential issues. Wellness programs can be a good way to get workers to pay more attention to their health and help slow rising insurance costs. But once even a limited amount of genetic information is released, it may be difficult for an employee to control or prove how that data is used." Last year, more than half of companies with wellness programs offered financial incentives to employees that were tied to personal health goals such as losing weight or improving cholesterol and blood sugar levels.
Contact: Barry Pound, [email protected]
MEDIA JOBS:
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OTHER NEWS & RESOURCES:
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