Reverse mortgage professionals who are focused on client conversations to generate business in a tough market may benefit from using certain product facts to orient the conversations — whether the ...

Attracting mortgage lenders, bankers, financial advisors and REALTORS is critical to growing the reverse mortgage market, but the industry has yet to fully crack the code on bringing new entrants into ...

Yes. Mortgage insurance has always been required on HECM loans. In order to reduce the high initial upfront cost that was keeping many people over 62 from obtaining a reverse mortgage, in 2010 the ...

Yes. As a result of several instances in which taxpayers were approved for reverse mortgages where they did not have the financial ability to maintain the home, the Federal Housing Administration (FHA ...

Retirement often brings unexpected financial challenges, from rising healthcare costs to the expense of staying prepared for the unexpected. Navigating retirement requires thoughtful planning, and a ...

Robert Powell: Where are we with reverse mortgages? Where have we come from, and where are we going? To discuss this, I’m joined by Don Graves, president of the Housing Wealth Institute, author of ...

A reverse mortgage is a loan, and an annuity is insurance Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the ...

The federally insured reverse mortgage product known as a Home Equity Conversion Mortgage (HECM) has been around for over 30 years. During many of those years the most vocal critic of the product has ...

For many retirees, the challenge isn't just making their money last. It's figuring out how to access the wealth they've already built. With inflation still pushing up the cost of groceries, gas and ...

The economy has been somewhat of a mixed bag recently. Some have struggled to keep up with high inflation and high interest rates, while others have benefitted from a rising stock market and real ...

If you're an older homeowner looking for an infusion of cash, a reverse mortgage could seem like a no-brainer. there is no minimum credit score requirement and — as long as you stay current with your ...