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Can you get a reverse mortgage if you're younger than 62?
CBS News· 5 days agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
Here's when a reverse mortgage makes sense, experts say
CBS News· 2 weeks agoWith these types of products, your lender pays you out of your home equity. Learn more about your ...
Michigan attorney general reissues reverse mortgage consumer alert - HousingWire
HousingWire· 5 days agoThe action is designed to inform consumers about the potential pros and cons of taking out these...
Legal experts warn of foreclosure risks of reverse mortgages
WBRC Fox 6 Birmingham· 13 hours agoTraditional mortgages usually include homeowners insurance, property taxes, HOA fees, but those...
Unlock Your Home Equity: Modern Reverse Mortgages for Retirement Planning
TheStreet.com· 2 weeks agoNot just for emergencies anymore, in this series our expert explores how reverse mortgages can boost your retirement income and financial security. Remember ...
Reverse mortgage professionals react to H4P rule changes - HousingWire
HousingWire· 4 days agoAfter the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase...
Norcom Mortgage’s core reverse team elects not to join CMG Financial - HousingWire
HousingWire· 2 weeks agoThe deal, however, will not include core members of Norcom’s well-known team of reverse mortgage...
New appraisal bias protections apply to reverse mortgage program: FHA - HousingWire
HousingWire· 2 days agoAn announcement on Thursday from HUD and a new Mortgagee Letter (ML) published Wednesday by the FHA clarifies that the policy applies to all Title II single-family programs ...
GAO highlights reverse mortgage counseling in new report - HousingWire
HousingWire· 1 week agoDepartment of Housing and Urban Development (HUD)’s Home Equity Conversion Mortgage (HECM)...
Some baby boomers are finding homeownership to be less beneficial - HousingWire
HousingWire· 2 weeks agoThe article also notes that reverse mortgages are a potentially valuable tool for seniors in the...