The website of the self-proclaimed “Reverse Mortgage Critic” recently promoted a reverse mortgage webinar to financial and elder care professionals titled: Should you recommend a reverse mortgage to ...

Reverse mortgages are regularly marketed to seniors as a solution for those who want to use equity in their homes as a source of retirement income. An alternative to home equity loans or home equity ...

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

Reverse mortgages are a type of loan that lets people ages 62 and over access the equity in their homes without selling. However, the FBI and the U.S. Department of Housing and Urban Development (HUD) ...

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

If you are over the age of 62, you might be considering a reverse mortgage as a way to access the equity in your home and supplement your income. In a reverse mortgage, the lender provides the ...

Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly payments.

Reverse mortgages can be a great way for seniors to access the equity in their homes to generate retirement income or cover expenses like medical bills. Unfortunately, they've also become a prime ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

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 ...

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 ...

PHH Mortgage, a subsidiary of Onity Group Inc., has introduced a new proprietary reverse mortgage product called EquityIQ®, available through its wholesale network under the Liberty Reverse Mortgage ...