Taking out a reverse mortgage requires some due diligence on your and your lender’s part, similar to taking out a traditional ...

MBA proposes seven reforms for the HECM and HMBS programs, including new securitization options and changes to mortgage ...

In turn, more retirees and near-retirees are asking the question of whether opening a reverse mortgage will be worth it in ...

A reverse mortgage can be a way for homeowners age 62 or above to access much-needed funds. It allows you to borrow against your home's equity to provide extra cash in your retirement years, which you ...

Homeowners 62 and older can access home equity with a reverse mortgage. Reverse mortgages can be good for aging in place and supplementing retirement income. They also have drawbacks, including costs ...

Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he's not working, he enjoys time with his wife, two kids and two dogs. With a reverse mortgage, you ...

NRMLA sent HUD and FHA a detailed letter urging lower upfront MIP, HMBS index changes and new liquidity options for reverse ...

Reverse mortgages can offer homeowners ages 62 and older access to home equity. As with a regular mortgage, a reverse mortgage can be refinanced, and doing so sometimes makes sense. A reverse mortgage ...

If you’re a senior and thinking of tapping into the equity you’ve built up in your home by taking out a reverse mortgage loan, then you likely have a lot of questions, especially if you’re ...

Editor’s note: This is part seven of an ongoing series throughout this year focused on helping older adults navigate the financial difficulties of gray divorce. See below for links to the other ...

If a borrower leaves their home for 12 months or more, their loan can come due Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive and professor for 34 years. She is an adjunct ...

Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors — can ...