Lender Price added Finance of America as its first reverse mortgage partner, offering live HECM and HomeSafe pricing to ...

While a reverse mortgage may be the ideal financial tool for some, for others, it's important to know there are alternatives worth exploring. Costs: One-time, up-front costs include origination fees, ...

Recently, the Department of Housing and Urban Development (HUD) solicited feedback on how to enhance the HECM program.

If you’re a homeowner looking for ways to tap into your home’s equity, two common options you might consider are a reverse mortgage and a home equity loan. Both allow you to use your home’s value to ...

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 ...

For those who aren’t yet 62, there may be other options. The Home Equity Conversion Mortgage, or HECM, is backed by the ...

For many older Americans, retirement isn't about staying put in their homes. It's a time for making a meaningful change instead. Some retirees want to downsize their home into a more manageable space, ...

Access your equity, remain in your home and get money for expenses in retirement Written By Written by Contributor, Buy Side Mary Beth Eastman is a contributor to Buy Side and finance expert, ...

A reverse mortgage is a unique type of loan designed for homeowners aged 62 or older. Unlike a traditional mortgage where you make monthly payments to the lender, a reverse mortgage allows you to ...

Onity Group will sell $9.6 billion in reverse mortgage servicing rights to Finance of America and exit the reverse ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. So, how exactly do these senior-focused loans work for married couples, ...

Dear Savvy Senior: What can you tell me about reverse mortgages? When my husband passed away last year my income dropped almost in half, and I’ve been struggling to keep up with my monthly living ...