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

“Rules of the Game,” a popular interactive session from past annual meetings of the National Reverse Mortgage Lenders Association (NRMLA), returned in 2024 to the San Diego event that took place at ...

Ramsey points out that these loans steadily increase in balance because of accumulating interest, which erodes equity over time. He also stresses that fees and closing costs can be steep, and that ...

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

WASHINGTON - You've probably seen the reverse-mortgage pitchmen at work on your TV screen - former Sen. Fred Thompson and actors Robert Wagner and Henry "Fonzie" Winkler prominent among them - urging ...

With a reverse mortgage, you borrow against the equity in your home, freeing up cash. Here’s what that means when it comes to taxes, senior benefits, and interest rates. It feels like everything costs ...

If you're like many retirees, your home equity represents one of your largest stores of wealth. While many homeowners turn to home equity loans and lines of credit (HELOCs) to unlock their home's ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But like most financial tools, there are also complexities and potential ...

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 ...

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 ...

A reverse mortgage must be paid back when the borrower dies, moves out of the home or stops fulfilling the terms of the agreement, such as paying property taxes. You might choose to get out of a ...

Founded in 2012, online lender Longbridge Financial is the third-largest provider of reverse mortgages in the U.S. As of February 2025, it's approved more than $94 million in loans. Longbridge stands ...