Reverse mortgages have a minimum age requirement that serves as a key differentiator for the product. But it also leads to questions about how much — or how little — technology tools can or should ...

HUD’s RFI on reverse mortgage programs highlights an industry focus on mortgage insurance costs and liquidity constraints.

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 ...

Last week I had a call about reverse mortgages. The Consumer Financial Protection Bureau (CFPB) at consumerfinance.gov has some great information about this type of home loan. A Home Equity Conversion ...

"This new reverse 2nd loan allows seniors to keep their great 1st loan and tap just a little bit of their equity with a no-payment 2nd loan. It allows seniors to make ends meet and enjoy retirement.” ...

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

For older homeowners, a reverse mortgage can sound like a perfect solution. After all, this borrowing tool allows you to turn home equity into cash without having to sell your property or factor ...

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PHH Mortgage to sell reverse mortgage assets and enter into subservicing agreement, repositioning its participation in the reverse market ...

Filing for protection from creditors comes just a day after company laid off 400 employees. A day after laying off 80% of its staff — about 400 people — Reverse Mortgage Funding LLC filed for ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while reverse mortgages can provide relief to the right retirees, ...